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Regenx

The Future of Precious Metal Recovery.
A new clean technology for recovering precious metals from end of life products.

Invest in The Future


Bullboard - Investor Discussion Forum 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... see more

CSE:RGX - Post Discussion

Regenx Tech Corp. > Monthly investment newsletter from me
View:
Post by eunice12 on Nov 09, 2022 3:21pm

Monthly investment newsletter from me

This is all you need to know about investing in MWX, updated based on today's EGC presentation. They intend to be an operator in Q1 of a plant using their technology that will be completed in Dec or Jan. They are not a construction company so there is nothing to update until the plant starts up and we see if it works. We don't need to see boring pictures of pipes and meters.
IB is waiting for the exchange to approve their listing. There is nothing to update until that happens, but Greg said the dividend will be next month and IB has to be listed before that happens.

All other posts on this board are a waste of your time reading and the posters should be seeing their docs for anxiety medication if they can't figure out that all you need to know is in my first paragraph.It is not surprising the Greg doesn't hand over the unpatented formulas to a liar and fool like ranchhand.

I thank you kindly for the opportunity to explain everyhting you need to know about MWX investing in November.
Comment by corazon1 on Nov 09, 2022 10:09pm
Excellent monthly news letter.  I learned ......a lot   You should do the monthly newsletter 8 times a month.  With the durth of information you provide you should charge a monthly fee      
Comment by bailey2 on Nov 10, 2022 10:48am
Just 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 ...more  
Comment by eunice12 on Nov 10, 2022 12:08pm
bailey ; I wrote .."but Greg said the dividend will be next month and IB has to be listed before that happens."     The December record date is basically the dividend date, although it may take a few days for your brokerage to allocate the shares. I believe Greg mentioned $6M before and payout of less than a year was known long ago. In fact, $20M gross margin on a ...more  
Comment by PinkCow on Nov 10, 2022 12:24pm
Still love the monthly newsletter. Looks like there will be several more before anything of note happens. I'm glad you flagged the disconnect between $20m in gross income vs  a1 year payback on a $6m plant. Either something has changed or lots has not been said. One would be that Mwx owns 55% of the jv so is only entitled to $11m of that gross estimate. Another would be that I guess ...more  
Comment by eunice12 on Nov 10, 2022 4:26pm
PinkC They are equal partners in PGM Renewal LLC, so each party gets payback at the same time. $11M gross margin to MWX on cap costs of $3.3M (=6*.55) so maybe 3 paybacks in a year but that's dependent on how durable the equipment is. That's it for Q&A folks as I'm busy working at my full time job, preparing the December newsletter which likely will come out after Xmas.
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Investor Presentation

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Investment Opportunity

The Future of Precious Metal Recovery

  • New Cleantech recovers over 90% of precious metals from retired catalytic converters
     
  • Plant constructed in modular stages with each having 2.5 tonnes/day of capacity
     
  • 100 million USD in revenue with projected CAPEX payback less than a year
     
  • First commercial facility is currently scaling up production in Tennessee, USA
     


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Investor Relations
Greg Pendura
780-800-0726
investors@regenx.tech