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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by tomgraniteon Jul 15, 2015 11:42am
94 Views
Post# 23926239

RE:RE:RE:RE:so much drilling

RE:RE:RE:RE:so much drilling
Yes Blue, let's allow $4mil for drilling to end of 2015, so that leaves around $9mil for underground development, which clearly is not enough. Financing of some sort will be announced within next 2-3 months is my guess. Drilling in Q1 2016 will probably be $3mil plus at least another 1mil for the updated 43-101 and BFS.
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