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Bullboard - Stock Discussion Forum ReGen III Corp V.GIII

Alternate Symbol(s):  ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high yield base lubricating oils in... see more

TSXV:GIII - Post Discussion

ReGen III Corp > Trading at a new 52 week high today
View:
Post by Godfather on Apr 06, 2021 10:15am

Trading at a new 52 week high today

EOM.
Comment by TrickyNicky on Apr 06, 2021 2:08pm
Depending on the disclosure around EBITDA attributable to GIII from any new SM projects, do you think we can get somewhere between $2-3/share.. if we are ~18months from cash flow? $200-$300mm market cap seems very reasonable given the potential.. look at cmc.v.. 
Comment by TurtleDove on Apr 06, 2021 3:13pm
I think we could expect to see $1.30--$1.50/share before annoucement of financing and or the SM deal. An in depth announcement of EBITDA could spark a further buying frendzy. I think the board is trying to get that stock price as high as possible pre SM deal announcement.  With the potential of this company/stock who knows! speculation and perceived value can make stocks do crazy things!!!!
Comment by GStringFlosser on Apr 08, 2021 12:17pm
You are probably under-estimating the perfect storm that is brewing for GIII in the next weeks and months. I would say 2.5$ before announcement, 5$ after and at least 10$ for the first offer (reminder: several SMs and PE companies are desperately looking for opportunities like this one). Since the beginning of March, equity investment fund managers need to publish an "esg/sustainability ...more