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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd 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). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. 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

Post by Albertan22on Feb 08, 2017 11:25am
308 Views
Post# 25816429

PEA, RE, and timelines

PEA, RE, and timelinesI know that management has more things to worry about than the share price -- but that said, it would be REALLY nice if they could just get their new PEA and RE out at a time when the price of gold is increasing and there is an uptick of interest in gold miners . . .  

I haven't been here as long as most people, but one of the reasons I bought in last February was the discussion of the new PEA and how that was going to be a major catalyst.  Now it's February of the next year, and the PEA is still a major upcoming catalyst . . .  Sure, I like the company -- but the PEA, which I dare to presume is imminent, had better be worth it.  Personally, I expect a document that ties together all of the different deposits into an economically rational mine plan, both physically and temporally, and sets the stage for a resource estimate of what is going to fuel the company for the next ten years.  The delay in getting this document out had better be an embarrassment of riches, and not extreme difficulty in connecting a bunch of insufficient bits together.  
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