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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

Metals & Mining Industrial Metals & Minerals
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. > Cost sharing
View:
Post by Thanks1 on Jun 12, 2023 1:08pm

Cost sharing

Rgx paid for plant without Davis why did they pay for stock since they are to share costs. It's not like the stock disappears if processing it unsucessfull.
Comment by BigGrayCat on Jun 12, 2023 10:58pm
I'm not 100% sure this is correct, but from past discussions, I believe that Davis will pay for their 45% of module 1 and 45% of expenses thereafter once module 1 has been proven out.  If that is the case, then it would mean that RGX prepaid Davis expenses and will get reimbursed. I also believe that Davis has invested "millions" in their part of the partnership. Don't ...more  
Comment by BigGrayCat on Jun 12, 2023 11:00pm
I am not 100% sure this is correct, but from past discussions, I believe that Davis will pay for their 45% of module 1 and 45% of expenses thereafter once module 1 has been proven out.@ If that is the case, then it would mean that RGX prepaid Davis expenses and will get reimbursed. I also believe that Davis has invested millions in their part of the partnership. Can not recall if that was Ben ...more  
Comment by BigGrayCat on Jun 12, 2023 11:02pm
Sorry for the accidental double post...
Comment by Therancher on Jun 13, 2023 6:54pm
Pendura layed something very close to that out some time ago, yes!  And yes Davis has been investing "lots" into this endeavour !! Getting very close to a "slam dunk" BUT.........I've thought that before !!!  We wait.............................
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ABOUT US PRESENTATIONS MEDIA SHAREHOLDER INFORMATION MANAGEMENT OTHER RESOURCES FINANCIALS

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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