Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Apr 24, 2023 4:23pm
164 Views
Post# 35411161

RE:RE:Revenue estimates

RE:RE:Revenue estimatesDanrou...my understanding from speaking with Greg a year ago is that the price of platinum and palladium won't significantly affect the bottom line.  As the price of platinum and palladium go up, so does the cost of purchasing the spent diesel catalylitic converters...and vice versa.  He explained that it was basically a net zero sum game.  The numbers may change if prices are low when they buy the feedstock and are higher when they extract and sell the pgm's, but that should balance out over time.  What you gain on the swings, you lose on the teeter totters.  Call Shawn (IR)...I'm sure he'd be willing to talk to you.
<< Previous
Bullboard Posts
Next >>