Latest / Financial Survival Network / Regenx’s Replicatable Money Machine
Transcript
- 0:00If the operation runs us the officially guess, we believe it's going to be
- 0:03it's going to be a money machine. They had the beauty of what we
- 0:07have here. It's easily duplicatable. Additional modules, additional plans are the replication
- 0:14factors very brasome. They'll be minor adjustments to Module two, which we've learned
- 0:19from bringing Module one up. But from that that point forward, Modules three
- 0:23and on will be basically a duplication. The Financial Survival Network now more than
- 0:33ever, the Financial Survival Network. And welcome. This is Financial Survival Network.
- 0:41I'm your host. Carry loves Well. We've got an important sponsor update
- 0:45from regen x Tech Corp. I've got the CEO on with us and the
- 0:51USA president. CEO Greg Pandura is with US and USA President Rick Perty and
- 0:57we wanted to get a status update commissioning of the plant. If you're not
- 1:02familiar with the plant, it takes basically waste material we're talking diesel catalytic converters
- 1:08and separates out the precious metals from them in what could be an amazingly successful
- 1:15business once it gets going. Platinum, palladium and also rhodium. Rodium's taking
- 1:22a big hit and price recently. I don't know what that's about, but
- 1:25Greg a plant is being commissioned. That's kind of an interesting term. What
- 1:30exactly is involved in commissioning a plant like this, well, commission I'll let
- 1:37Rick Rick speak to that maybe, But basically what we're doing here carry is
- 1:40that once the equipments installed, we have to basically look at it from station
- 1:45station perspective to make sure that each component is operational. All the holes as
- 1:49valves or whatever as you go one station to the next is working as it
- 1:53should work. And you go through various testigious prior to rieting any materials through.
- 2:01You eventually end up running it through with water and from that point you
- 2:05start to do your feedstock. And but maybe Rick you can address on a
- 2:08little more detail, and yeah, Rick, your your boots on the ground
- 2:13there in Tennessee where the plant is. It's I guess commissioning really is a
- 2:17ramp up process. Do I have that right? Yeah? Yeah. Once
- 2:22we got all of our equipment all set up, what we do when we
- 2:25hook it up is we got to test all the pumps, the electrical in
- 2:29every piece of equipment so that satisfactory and it's doing what it should be for
- 2:34efficiency. So that's really what it is. You run air tests, you
- 2:38do water tests, you do solid material tests, and then you do actual
- 2:42feedstock in the system. So that's what we're doing over the next short period
- 2:46to commission the plant. Right, So you've got to make sure that everything's
- 2:51talking to each other and playing nice and the computers are talking. I assume
- 2:54you have multiple processors and they all have to talk to the main processessor and
- 3:00let them know what's going on here. Any particular challenges here, Rick,
- 3:07or is it pretty much run of the bill, no pun intended stuff,
- 3:10you know, Kerry, It's interesting. I've been doing some thinking on how
- 3:15we've got to remind ourselves that no one's ever done this before, you know,
- 3:19And I remind myself quite often because there's always things that come up because
- 3:23it's it's new. It's a new technology, new process, new system.
- 3:27So the things that we've we've actually overcome here as of the last couple weeks
- 3:30of the commissioning is we replaced a couple minor components to get the system more
- 3:36efficient and heat up for our reactors, for example, at a timely manner.
- 3:39And that was one one area that we've already sounded, we've sound to
- 3:44fix and got got it all ready and fixed up. So that's just just
- 3:47an idea of each step that we go through, we nay run into something
- 3:52that we got a tweak tune or replace. And so far, so good,
- 3:57it's been going really really well. We're very happy. It's still this
- 4:00is still a clean tech operation. Nothing that's got undergone in the commissioning process
- 4:05so far, it's only enhanced the clean tech aspect of this. Correct,
- 4:10No, absolutely, it's it's totally clean check. Our operation is going to
- 4:15really actually be a net net zero environmental footprint JET. I think we alluded
- 4:19before the fact that JET as we recover the plot blading from from the feedstock,
- 4:27obviously there's a fair bit of all call a tailings that are not left
- 4:30over. Even though the material is a dirt, doesn't go into a lad
- 4:33fail. So if we're doing ten tons a day of material, we're saving
- 4:38ten tons of material went into a landfield but cut because there are already industrial
- 4:43uses for that which which they'll find a home for. So basically a zero
- 4:46environmental footprint. When we talked before, you mentioned three thousand grams per ton,
- 4:51which if you had a platinum mine that can do that, you own
- 4:57the world. Literally everything that's progressing here, Rick, greg that's that number
- 5:03is still realistic. Number is still very realistic. That's what will be achieving.
- 5:10As you allude to carry their plat in the mind, but we have
- 5:13our own plat of mind indoors, so we can bind three hundred and sixty
- 5:16five days of the year. So it's it's it's pretty significant, right,
- 5:21And there's the permit's involved. There's no taking the miners down to the bowels
- 5:27of the earth to go blowing up stuff. It's all safe and clean.
- 5:32Yeah, no, it is. I mean, there's you need permits evolved
- 5:36for for any manufacturing facility. Drick's been working with people in the state Tennessee
- 5:41there on the airside, water side, all all the permiting has been approved.
- 5:45As they said, there will be net zero environmental footprint, and the
- 5:48state's welcoming this operation. Right. It's not like you want to go open
- 5:53a mine in an environmentally sensitive area and they say they make you go through
- 5:58regulatory hoops here. This states really your partner, isn't it, Yeah,
- 6:01exactly, it is. So they're they're they're very collactive working with us.
- 6:05The understand the employment implications that as we expand they're really excited about the fact
- 6:13that it's an environmentally friendly manufacturing facility. Rick can talk to it a bit,
- 6:17but they're going to put us into the space, if you like,
- 6:21interested green fund opportunities, which are going to be pretty relevant as we move
- 6:26forward. Great, So what about the green fund opportunities every state now?
- 6:31And I think under the various environmental laws that have been passed in critical minerals
- 6:36in such, every state's basically got a lot a lot of money swilling around
- 6:43the till, if you will, and looking for opportunities where it can pay
- 6:46off the most. Yes, that's correct. Yeah, And speaking with all
- 6:50the state representatives and and you know, to reiterate what Greg said, they
- 6:55have been very helpful. They're very excited about what we're doing. The state
- 7:00tendency is really changed to the last couple of years, really focusing on greening
- 7:04clean technology. You know, they're they're really behind the whole carbon credit concepts
- 7:11and business, which is a very real business, which you know, that's
- 7:14another area that we're really going after for the future of calculating and you know,
- 7:18achieving our carbon credit so that we have you know, another revenue stream
- 7:23from that as well. We're part of that system, so work with stay
- 7:26closely on that. The air and water. Reiterating on what Greg said on
- 7:30that, we were able to achieve our permits very easily on that once we
- 7:34showed them what we're doing. Again, we just have to explain because it's
- 7:39it's a new technology, so when you go into dealing with people in the
- 7:42government, you have to explain what you're doing and help them clearly understand so
- 7:46they can direct you properly and help you. So we've done a great job
- 7:49on that over the last six to eight months developing those relationships and yeah,
- 7:54we're speaking their language. They they're very, very excited about having us in
- 7:57the area. They want to help us expand there's granting systems such as TVA
- 8:01that we're involved with and the State of Tennessee to support our company on hiring
- 8:05people and on the green side, green fund side. So we're just going
- 8:09to continue going down that road and that path to to get as much as
- 8:13we can and move the company forward in that area. Great, So Greg,
- 8:18let's talk production. I know, Rick your boots on the ground,
- 8:20but give us your outlines for production, your timetable here, Greg, Yeah,
- 8:28we as Rick was saying there, we anticipate the commissioned process to be
- 8:33completed by late June earty July. But that period of time, we anticipate
- 8:37the Module one to be fully checked off on. We had running that it's
- 8:45expected two and a half tons per day. That obviously will be a milestone
- 8:50for us because that in itself will put the company into a positive cash position,
- 8:54which is we're pretty excited about that. The plans after that, obviously
- 8:58is to as soon as that happens, we will be going down the procurement
- 9:03stage for modules two, three, and four. We want to make that
- 9:07Tennessee facility a four module facilitate. Yeah, so we've got some funding plans
- 9:13in place to achieve that. Basically, if I just touch on that,
- 9:18a short term requirements will be sort of an operating line if you like,
- 9:22a small amount which we'll get us through the commissioning phase. It'll get us
- 9:28into the start of commercial production. Most of the funds will be allocated for
- 9:33obviously Pete Peach stock. Once in Module one is signed off on, there'll
- 9:37be a probably approximately a five million US dollar in capex for for moudules twoot,
- 9:43three and four, which will be based upon basically your your traditional debt
- 9:48structures. And along with that, we'll have a place an additional ten million
- 9:52dollars operating line for commercial production and again on your traditional debt concept with a
- 10:00institutional investor or with the bank. We've got our plans laid out here,
- 10:03carry we're excited. We're ready to go into commercial production and moving forward and
- 10:09expanding. So I'm doing some back of the envelope calculations here and they're not
- 10:15meant to be like definitive, but basically, if you're doing a three thousand
- 10:20grams per ton two and a half tons per day, uh, that's that's
- 10:24going to give you, that's going to give you several hundred ounces of platinum
- 10:31palladium. Do I have that right? Yeah, it's uh, it'll it'll
- 10:35put as I said, it'll put the company into a blows of cash flow
- 10:37position, the entire company, not not just the plan and this day and
- 10:41day and age. If any junior who's conceived blows of cash flow is uh,
- 10:46I mean that's that's pretty that's pretty significant, right, Yeah. Yeah,
- 10:50I've got roughly two hundred forty ounces is a day. Platinum has been
- 10:56going up, it's over eleven hundred dollars now, which is certainly welcome,
- 11:00and Palladium has been going down. But if the combined the value of the
- 11:05two is around thirteen hundred. Announced you got you have a money machine here,
- 11:09basically, Uh, yeah, it is. I mean, if if
- 11:13you if the operation runs its officially guess we believe it's going to be it's
- 11:16going to be a money machine. And the and the beauty of what we
- 11:22have here, it's easily duplicatable. Additional modules. Additional plants are the replication
- 11:28of factors, very very simple. They'll be minor or justice to Module two,
- 11:33which we've learned from bringing a module one up. But from that that
- 11:35point forward, Modules three and on will be basically a duplication. Right,
- 11:43just to rinse repeat, Rick, give us an idea of employment. How
- 11:46many people you've got working there now for module one? How many you anticipate
- 11:52when it's fully operational? Yeah, we have about six. Well, we
- 11:56have six people right now in Greenville at the facility rating Module one and the
- 12:00procure or the spread the testing of that system. We are now going to
- 12:05be doubling that by July we'll be operators and a few more technical jobs and
- 12:11as we grow that it'll double from there every six months, right, so
- 12:18doubling. And once Module two three comes on, then we really start to
- 12:22see the scope and the scalability of this project. Break that the plat will
- 12:28be processing ten tons of feedstock daily. After the four modules are our place,
- 12:35we'll have the option to probably we have already because maybe Ricky couldn't allude
- 12:41to the fact increased our least capacity space already on the expectation of growth in
- 12:48the factory itself. Yeah, we actually have just extended the amount of leaf
- 12:54space that we have in Greenville from twenty thousand to thirty thousand a month ago,
- 12:58and that to uh, you know, accommodate what we what we're going
- 13:03to have for feedstock and for module two, three and four to be built
- 13:05out and have enough room for a full operation. So that's exciting, it
- 13:11really is. And when you have four modules, my back of the back
- 13:16of the envelope math says a thousand basically a thousand ounces a day. I
- 13:20mean that will make it to one of the top producing minds in quotes in
- 13:26the world. Yeah, I mean it's it's pretty it's as we said,
- 13:31it's pretty significant, Perry, and people are saying, we'll show us well,
- 13:35but we're at the point now where we can make proof of close up
- 13:37happened very quickly here. So as we finish our our commissioned period, it
- 13:43will be updating our people as we're going forward in that role test through that
- 13:46time. But when they when the commissioning process is its completed and we can
- 13:52discuss what our efficiencies and recoveries are after that is just simply plugging in the
- 13:58dots if you want to figure up where we can expand to sure understood,
- 14:03understood and got to be an exciting time for both of you. I mean,
- 14:07Rick, you uprated your family, brought them into a strange continent,
- 14:11strange state that's got to be completely different from where you are, and I
- 14:18think you're seeing now that it was all worthwhile. Yes, absolutely, No,
- 14:24it's been exciting for our family. And you know, I was up
- 14:28for the challenge to move everybody down here and it worked out really well.
- 14:31And I mean the results are there. I mean, if I take a
- 14:35look back at what you know, I'm I'm really excited about what we accomplished
- 14:39the last short period of time. We you know, we got here in
- 14:43July. We didn't have a building to put in the commercial plant, and
- 14:46in East Tennessee, there's not a lot of space around here that's newly built
- 14:52because these prices have a one up for many many years. Somebody's building new
- 14:54buildings sort of building with it over a twenty foot height ceiling, and that
- 15:00would actually pass with what our permits would require for green and clean technology.
- 15:05It was very complicated, so I spent many months driving around, we know,
- 15:11finding buildings and working with everybody locally, and that's where we came of
- 15:15the Greenville and we were able to secure that space in December. We moved
- 15:18in at the last week and a half of December, and equipment started arriving
- 15:22in January, so we didn't have any system put together by then. And
- 15:26from January until March thirty first, we got all of our equipment, which
- 15:30we had been procuring since last summer with lead times in the supply chain.
- 15:33It arrived and we started installing it and we got it all installing ready for
- 15:37commissioning by March thirty first, which is a really I believe a great accomplishment
- 15:43for our team. Amazing, amazing accomplishments. So we're excited with that.
- 15:46Yeah. Well, Greg, with any new technology, the proof of the
- 15:50pudding is in the tasting obviously. You know, the promises are out there,
- 15:56the expectations, the hopes, but now we're really getting down to the
- 16:00point where the concepts get gets proven and then really the potential is limitless.
- 16:07Yeah, the potential is hit. There's no question why. We've got numerous
- 16:11obviously quiries from not just within the US, but Europe, been in the
- 16:17in the Middle East on what we're going to do with with our international expansion
- 16:21board, which we've just we've started those those d discussions already. But we're
- 16:26going to obviously experience a significant jet appreciation on our stock price. Uh,
- 16:32if what we say is going to be proved up to be true, we're
- 16:36going to be a stock arm And it's just there's just no nobody around that.
- 16:40Yeah. And the amount of diesel catalytic converters ev aside, it's going
- 16:45to be decades till till electric trucks really take over the roots and all of
- 16:52that now are the vast majority of it. It's going into landfills, around
- 16:56the world. So the opportunity really limitless. Yeah, it is limitless.
- 17:03Like you said, we've got a long time ahead of us, and everything's
- 17:07got a ten year life, so we're working back on ten twenty years ago,
- 17:11plus what's in the landfills of people bringing up. So there's a massive
- 17:15opportunity over the next twenty thirty years for us long term business. Yeah,
- 17:19there is, Like you just add to Rick saying here right right now,
- 17:22there's about twenty one billion dollars a year annually going into the ground, lad
- 17:27fields, scrap yards or whatever because there's no home for these diesel catalytical murders.
- 17:33So to have an environmentally friendly solution to that situation, it's incredible just
- 17:37from the sustainability aspect, Like one of our plants are going to be doing
- 17:41approximate one hundred and seventy thousand olysis about Lady annually. If you don't have
- 17:47to wind one hundred and seventy thousand ounces of new Lady of countries which are
- 17:51having geopolitical issues, it's a huge thing. So, I mean, it's
- 17:53a win winner right across the board. OCA. I just wonder if one
- 17:57day we'll be digging up landfills where all these catalytic converters getting dumbed to process
- 18:03them because you know, landfills diminishing, you know, the ability to dump
- 18:10stuff. Nobody wants these things, and everybody's looking for ways to solve these
- 18:15problems. Yeah, there's all milk question. Now if if they fly in
- 18:18an easy solution don't know how to find these converters that are buried, then
- 18:23that's going to be a real, real big market. So a lot,
- 18:26Yeah, there's lots of there's lots of avenues for gruel. Then that's one
- 18:30of them. And I think that's their keeap takeaway. New technology about to
- 18:34prove itself, about to really make a substantial profit, substantial cash flow.
- 18:40So I suggest all of you go over to regen x dot tech and sign
- 18:45up for notifications so you'll see when the first shipments take place. The ticker
- 18:51symbols in Canada r g X and in the US r g X, t
- 18:56F and gentlemen, thanks for coming on and will follow up with you probably
- 19:02in mid August to get the latest production results. Great good talking to you,
- 19:07Kerry, Thank you. Thanks carry the Financial Survival Network