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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 Misbrandton Feb 27, 2017 10:53am
247 Views
Post# 25898390

outdated PEA already justifies current SP

outdated PEA already justifies current SP
I don't post on this board much but to the bashers, it is obvious how hard you try to get the price down to buy in. Correctly claiming that the PEA justifies the current price but NOT acknowledging how much more the updated results add. Not only that but there is a huge amount more exploration to be done, once a mine is up and running, equipment is on site and cash flow is pouring in we may well see several million more ozs added over the life of the mine. The most important piece of info is it is worth building the mine based on the PEA (which means even more so given the results we have seen that are not included. Possibly much more so with further exploration).
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