Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

Intchains Group Limited 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). It provides the front-end and back-end of Integrated circuit (IC) design. The products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware. The Company had built a technology platform named Xihe Platform. 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

Intchains Group Ltd > Eldorado takeover

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Comment by Jmgreenon Feb 13, 2016 4:26pm

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Post# 24556399

RE:RE:RE:Eldorado takeover

Hey Marine If there're actually able to get 6 million ounces out of this property, how do you come up with 1 billion valuation. Seems to me it would be higher, no? I'm not actually saying that I think they do or don't have that kind of a resource, my question is more about the valuation. you said 4 to 6 mil ounces and 800 mil ($200 an ounce) to 1 b ($166 an ounce) Why would the value per ounce go down with more ounces?

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