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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. > Stock back to CA$.10 ask
View:
Post by AlfTanner on Sep 27, 2023 12:33pm

Stock back to CA$.10 ask

Getting a gas line hooked up, while it was an important step, it is not cause for celebration.  What investors need to know is, can module 1 process 2.5 tonne/day at >92% recovery?  
 
My main concern right now is that the gas line was being used as an excuse.  How small was the old gas line that it could not support 1 module?  That is only 1/4 of the expected final factory size with 4 modules.  I am also worried about the apparent lack of planning.  The need for a boiler seemed to be unexpected, and then the need for a larger gas line to support the boiler also seemed to catch them by surprise.
 
Maybe I am being paranoid.  I am just getting impatient because I want proof that this process actually works in high volume production.  In an interview in April, they said that module 1 was already being tested and would be running full production in 90 days.  That would have been July.  Now we are in September, and full production is still how many months away?  What is the next problem that will cause the next delay?
 
Like I said, I might be paranoid, but we have seen too many excuses and delays.
 
Comment by Usnotu on Sep 27, 2023 2:34pm
I've had some of the same thoughts Alf in regards to the bracket supports that they had issues with . In the video they showed only supports I could see being used for the affected area were Unistrut hangers with Reddi Rod , not stable enough on its own . Being in an Oil and gas refineries I even would know what would be needed for supports for the issue they had , and I'm not even a pipe ...more  
Comment by canuck1326 on Sep 27, 2023 2:40pm
Not paranoid.  I have the same questions and concerns and been tempted to submitted those very same questions via email to the company but have refrained.
Comment by Ballsofire on Sep 27, 2023 3:19pm
Well,if this was easy everyone would have done this long ago! The boiler and gas line were just some challenges to fine tuning the process, there may be more and I believe the ultimate goal will be reached. The stock would be going up but someone keeps sacrificing shares to drive it down. Like who sells 1000 shares way below bid!
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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