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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 21, 2022 10:55pm
245 Views
Post# 35040557

RE:RE:RE:predictions

RE:RE:RE:predictionsI hear you, PC. The problem with S/P predictions is that they tend to be subjective and skewed, either too high or too low, depending on whether the person making them likes the Company or not. Let's look at what we know, or at least what we've been told by the Company. The pilot plant was proven to work, so if the Company can execute, (and that hasnt been proven yet), it should be scalable for commercial application. Greg has repeatedly stated that a 4 module, 10 ton/day commercial plant is capable of generating a minimum of $100 million, (I'm assuming $US)/year in revenue, with at least a 20% margin. Our share of that is 55%...or US $11, (Cdn $15) million/year. With approx 347 million shares outstanding, that equates to roughly 0.045/sh. Most green/esg companies have a P/E ratio of between 10 and 40:1. If we take the low valuation of 10:1, earnings of 0.045/sh should warrant a shareprice of 0.45. That's not taking into account any potential revenue from the sale of carbon credits or Rhodium. Taking that a step further, if the first commercial plant is successful, the Company has already talked about additional plants in different parts of the country. Let's say in 2-3 years time, that translates into two (2) additional commercial plants. The math should be the same so if the number of outstanding shares remains the same, the Company earnings become 0.135/sh and at a P/E of 10:1, the s/p should be $1.35. That's not taking into account the possibility of higher margins, more than 3 commercial plants, significant revenue from the sale of carbon credits, or, the assignment of a PE ratio higher than 10:1, with a year or two of successful operation and increasing revenues on the books. Think 15, 20 or 30:1 and the s/p could very easily become multiples of Greg's $0.50/share statement, but only IF the Company can execute it's business plan and get the first commercial plant operating successfully. And to your point PinkCow, no fear of us becoming a $4 billion market cap Company...we'll be taken out well before that. Good luck to us all...
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