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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 bailey2on Nov 10, 2022 10:48am
191 Views
Post# 35088389

RE:Monthly investment newsletter from me

RE:Monthly investment newsletter from meJust to clarify a few points. From the information I took away from the presentation, that perhaps the end of December could be the record date for shareholders owning rgx to qualify for the newco shares. Also, Mr. Pendura estimated that all 4 modules built in one commercial plant would cost approximately 6 million U.S. total, with payback in less than a year. To anyone that has been in the mining space for decades, like myself,  and knowing the capital costs and the length of time to build a mine( average 10 years from first stage to build out) and knowing capital costs to get projects built and payback periods this first  RGX  commercial plant ( with goals of 100 million revenue and 20 per cent margins) will be truly, one of a kind......... Apparently once the first module is optimized, likely in q1, the next 3 modules will all be built at the same time.......taking 6 to 9 months. Very exciting times for RGX presently, and it certainly looks like the window of opportunity to be buying at these prices, will close quickly, with the possiblitly of the special dividend newco share, closing the doors for qualification by the end of December.....glta
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