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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

Post by wwadehammeron Nov 11, 2016 9:28am
138 Views
Post# 25448817

Ramp Behind Schedule

Ramp Behind ScheduleNew corporate presentation shows ramp was 325 meters in at end of October.  Should have been 525 meters based on NR at end of July that stated ramp should advance 175 meters per month.  That's 65 meters less per month than projected.  IR says they're doning cutouts for safety reasons, but whatever, they're still falling way behind schedule.  Don't know if they can catch-up but it seems like everything keeps getting pushed back.
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