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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 AlfTanneron Oct 17, 2023 5:58pm
133 Views
Post# 35688011

RE:RE:Revenue revisions required

RE:RE:Revenue revisions requiredIt is my understanding that diesel catalytic converters are made mostly with platinum.  They do not generally have palladium or rhodium.  I think the 70k ounces that the completed factory is supposed to produce will be primarily platinum.  That would yield revenue of $63M at today's platinum price of $900.  Assuming 40% of that is profit and 55% goes to Regenx, that would be $14M in profit for Regenx.

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