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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a China-based provider of integrated solutions consisting of high-performance application specific integrated circuit (ASIC) chips and ancillary software and hardware for blockchain applications. The Company has built a proprietary technology platform named Xihe Platform, which allows to develop ASIC chips.


NDAQ:ICG - Post by User

Comment by wwadehammeron Jun 10, 2016 4:11pm
152 Views
Post# 24956038

RE:RE:Re;Re;Re;Re Market Capitalization??

RE:RE:Re;Re;Re;Re Market Capitalization??I believe the SP will jump to $1 based on the upcoming PEA so I imagine (hope) that no further dilution will occur until then (Dec 2016).  I believe that the company will try to obtain financing ($100 million) at that time.  The company will need $62 million to get the mill running plus working capital for the last half of 2017.  I believe the company projects operations to start-up in 2018.  If the company goes PP that's another 100 million shares at a $1 a share.  That wouldn't bother me but I would perfer bank financing.  The great thing about this is the company won't have any trouble raising money.
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