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Intchains Group Ltd V.ICG


Primary Symbol: ICG

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

Comment by tomgraniteon Nov 17, 2016 4:49am
176 Views
Post# 25473351

RE:Ulterior motive ?

RE:Ulterior motive ?Sorry Marine but your question makes no sense.

They ARE doing a PEA in January. There will then be an updated RE on Triangle out in late Q1 2017 with a cut off date of 31st Dec. What happens after that date is speculation.

My guess is that they will have a large drill campaign from Jan - June, update the REs again in Q3 and then do a BFS in Q4 as the bulk sample will  have been done.

Everything is currently out of date by the time it is published due to the fact that the drills never stop turning. It takes a few weeks to get the core sample cut, logged and assayed. Then the REs take a couple of months and then the PEA will take probably 3 months.
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