Regenx Tech Corp. C.RGX

New Press Release - Regenx Begins Commercial Production

EDMONTON, Alberta, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the “Company” or “Regenx”) (CSE: RGX) (OTCQB:RGXTF) (FSE:YRS WKN:A2DSW3) is excited to announce it has achieved a significant milestone in the development of their first commercial plant located in Greeneville Tennessee...read article.

[lscfa]

Why the hell wouldn't they indicate the level of revenues to be generated from module 1 running at 2.5 tpd?

[Ballsofire]

I'm not sure but I believe it was estimated all 4 units would produce 100 million, so 25 million for a single unit? I hope Davis preparinf the converter material isn't a bottleneck? 

[lscfa]

co. has already adjusted its forecasts on profitability from 20% margin to 15%. Perhaps revenue per module has changed too. Co. needs to run 1st module for a period of time to verify economics.  

[Therancher]

Profit margins higher than 20 sorry!!! Not sure where you got you 15% ??? I have never seen or heard that number ever!!  If someone has said it , it was put out on a flyer to help keep the price of feedstock down. It looks however like the smelters already helped us there .  You will be shocked when you see the numbers .................. in the best way ;););) RR PS remember my story

[on-target]

From last Kerry Lutz video. https://www.youtube.com/watch?v=KeKIqeCrlow&ab_channel=KerryLutz%27sFinancialSurvivalNetwork @ 3:16 Min. Kerry: "So recently you signed a non disclosure agreement (NDA) W/a substantial partner, potential partner in this space." "I know you can't give the specifics, we'd all love to know who it is." "But you can't tell us that.

[danrou]

I would say it's an educated guess...Let's ramp up to 2.5 tons/day, 90% recovery with profits and see were we go from there!

[lscfa]

Apr 21/23 video chat - $15 million from plant =15% margin down from 20% previously stated.  

[theq_fez]

I could be wrong but this is how I understand it   ---- 100 miillion X 20%    =  20 million RGX share (55%)  =  11 million 11 million  X  $1.35 (Cdn $)   =  approx 15 million  our share

[lscfa]

  Capacity 1 module 2 modules 3 modules 4 modules Plant Revenues  20,000,000 45,000,000 75,000,000 100,000,000 15% plant Earnings 3,000,000 6

[Therancher]

SELL!!!!!!!!!!