Regenx Tech Corp. C.RGX

Revenue revisions required

[lscfa]

Greg told me the $100 million/yr revenue no. assumes a platinum price of $1,000/oz and a palladium price of $2,000/oz.  Palladium prices have tanked to $1142/oz.
 

 

[lscfa]

Why is palladium dropping 2023? "); display: inline-block; height: 24px; width: 24px; transform: rotateZ(-180deg);">     Plus, the production of some new electric vehicles has eliminated the need for palladium. And following world economy growth prospects, including China, don't bring much hope either. As a result

[lscfa]

My guess is revenues now only $65 million US for 4 modules....     Platinum Palladium Total Tonnes/day 10 10   Tonnes /yr 3,120 3120  

[AlfTanner]

It 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

[Therancher]

Does anyone do math here?????? When cost of goods are 1/3 of what they were 2 years ago when Greg was told to "stop talking about $200,000,000 revenue " because Mr Davis didn't want the price of feedstock being forced up where do you think this ends up?????  The smelters helped us out by not accepting DIESEL CAT CONVERTERS and driving the " wholesale cost " down

[AlfTanner]

In this interview, Greg says 70k ounces.  Like I said, 70k ounces x $900 = $63M revenue. https://www.youtube.com/watch?v=Cc7vz5oqgzU&t=530s

[lscfa]

Thanks for that. As it is more current than his Nov 2022 interview where he stated 4000 lbs (or 64,000 oz) I will use it.  Sounds like they narrowed in on the economics as commissioning was ongoing.

[AlfTanner]

I think the difficulty in estimating the number of ounces is the fact that the concentration of platinum varies greatly, especially in diesel catalytic converters.  It might take them a while to figure out what the average concentration really is.  If they do add some gasoline catalytic converters into the mix, the concentration increases a lot, and they also get the more valuable

[Therancher]

I officially give up!!!!! Let it unfold!!! RR