Post by
Investornot1 on May 21, 2024 12:18pm
PLEASE PLEASE COMMENT
I have really really tried to find a statement somewhere in the many webinairs , emails ,youtube whatever ,that I actually believed. My bad I can't, so therefor the only outcome I can see of anyone paying the ransom ( RO ) is telling management that we will back them inspite of them driving the price down to .05 which in my case is a drop of 97%- 95.3% and 93.7% in 3 accounts.
They now want us to put in more then the shares are even worth. Please someone convince me how this can be a sane expenditure, I can not bring myself to call it an investment
Comment by
lscfa on May 21, 2024 1:30pm
Assume 4 modules generate $50M /yr (not mgmt's $100M), has cash flow of $7.5M (15% of revenue) and the capex is $10M. Then the payback period is only 1.33 yrs (not mgmt's < 1 yr). That is still a good investment.
Comment by
lscfa on May 22, 2024 12:57am
p.s. if plant economics are favourable RGX should be able to attract project financing, bank financing, etc. to build more modules in lieu of licensing to others. We need an operating history with hard no.s from module 1.
Comment by
People585 on May 22, 2024 10:47am
i really hope you are wrong as i'm in very deep and down a lot as many of you are out there .Things seem pretty bleak out there lots of talk.... .
Comment by
lscfa on May 22, 2024 1:06am
Your estimate of corp cash costs is overblown.... Qtr ending CFO Sep 23 (1,200,900) Jun 23 (1,045,501) Mar 23 (788,670) Dec 22 (900,001)