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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 Sep 23, 2016 3:47pm
138 Views
Post# 25271874

RE:RE:Buyout Thoughts

RE:RE:Buyout ThoughtsM2, You'd be suprised how many here would jump at an offer of $1.20.  The SP has dropped and shows no sign of moving up soon.  You and a few others have been here for 8 years but most have been here for well less than a year.  People are impatient and don't want to wait another 18 months for a possible bigger payout.  Now would be the time for someone to try and take us out.  IMO Eldorado is committed to the Greek projects and cannot justify a high price for Integra to its share holders via stock dilution.  El Dorado turned down the chance to maintain it share percentage in the last set of PPs which is strange to me.  I guess if El Dorado wants a bigger piece of the pie they can get it down the road.  Goldcorp is my guess.  For a company of that size, $600 million in dilution  is chump change for a low risk chance of at least 200,000 ounces for 20 years at a pre-tax profit of $1,000 an ounce.  That's a pre-tax return of $4 billion on an investment of $600 million.  With the Sigma mine ounces, Integra is already at 4 milion ounces and who here doesn't think another one to two million ounces will be discovered with all the drilling.  I really don't understand why someone like goldcorp is not willing to take the risk.
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