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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a cleantech company. The Company is engaged in the development and commercialization of its processing technologies for the recovery of precious metals. The Company’s initial focus is the extraction of platinum and palladium from diesel catalytic converters. Its technology produces a sustainable PGM concentrate without the need for smelting or mining. It provides an alternative from environmentally harsh smelters to modern technology to recover precious metals. Its products are used in various industries, including electronics, medical, transportation, emissions, jewelry, and pharmaceuticals. The Company’s subsidiaries include Mineworx Technologies Inc., Regenx USA Inc., MWX Espana, S.A.U., and Iron Bull Mining Inc.


CSE:RGX - Post by User

Comment by djstone56on Oct 01, 2022 10:05am
335 Views
Post# 34999241

RE:4c

RE:4cYou're right about the current shareprice being significantly less than what most shareholders feel it should be. With $5 million in cash and an implied $20 million in value soon to come our way, it doesn't assign any value to the diesel Catalytic Converter business, which Greg has consistently stated will generate in excess of $100 million/year in revenue with at least a 20% margin. The road to commercialization has been long and winding to date. The ssteady supply of feedstock is there. The chemistry/technology has been proven to work. The demand for the recycling and extraction of platinum, palladium and now rhodium is there. And the potential to monetize the sale of carbon credits is a huge bonus. Once the Company demonstrates that they can execute on time and on budget...and gain exposure to the US investing market, the shareprice should look after itself. That starts with the announcement of a location/building for the commercial plant and the fabrication/assembly of the components for the first module...
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