Regenx Tech Corp. C.RGX

Q3 results

[lscfa]

$40,694 in revenue

[lscfa]

  Qtr ending CFO Equip expenditures Total cash spend Mgmt/employee costs Lease payments Amort/depn Project Costs Sep 24 (845,370) (40,630) (886,000) 606

[lscfa]

they generated 30 oz from 32,000 lbs and sold it for $40,694 Cdn. Now they are on reduced capacity of 1000 lbs / day.......So 22 days/month is only going to generate $84,000 per qtr and they've upped the damn salaries to $600,000/qtr. 

[lscfa]

30 oz in 32,000 lbs => 58 ppm.  Co said it expected to have grades of 200 to 1200 ppm. Mgmt, get on with it.

[Atechnician]

More revenues to be announced. CSE Form 7, Oct 04, 2024 " Regenx sold it’s second (and much larger) batch of final product to Hereaus... " AT.

[lscfa]

Assume the 30 oz is only part of 32,000 lbs processed. Assume the grade was 200 ppm. Then the 32,000 lbs yielded 102.5 oz., so the 2nd payment should be $98,344.

[Bigdonfarms]

if you wont to find out what grade there proseing ? they said seveal times that 2.5 tones would be cashflow positive .you take expences and divide to 2.5 tones per day ?

[lscfa]

Co. said it expects to be cash flow positive when it hits 5000 lb/day, M-F but cash flow positive could be $1 over breakeven which means it pays for salaries but nothing to shareholders.

[lscfa]

guesstimate.....     Grade  250 500 750 1000 Lbs /day 5000 5000 5000 5000 Oz /day 20.0 40.0 60.1

[lscfa]

Revised table to reflect that some costs of revenue are fixed and some vary with grade like feedstock costs. Bloody mgmt should be more transparent so we are not left to guess.   Grade  250 500 750 1000 Lbs /day 5000 5000

[Bigdonfarms]

to me it looks like there procesing between 300-400 ppm probbly 350 ppm ? i would like to see them procesing 2500 ppm while there only proceing 1000 pounds per day that would make them cash flow positive ?