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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 blue0987on Apr 06, 2017 5:16pm
233 Views
Post# 26088418

RE:Article on ICG

RE:Article on ICG
Thanks cn41 excellent article that should help smooth some feathers ... Couple of the question/answers that I enjoyed: 
 
GH: As I'm sure you know, a lot of exploration companies stop there and then look for somebody else to take the project into production. What's your view at present?
 
SD: You have to almost ask yourself why would you stop and get someone else to put your project into production. The two main hurdles are technical experience or ability to actually build it and money.
 
SD: We think the most value for our shareholders is going to be to push this project toward production and, at the same time, continue to explore and expand resources and show the larger production profile for the project.
 
SD: We are going forward because Canadian producers demand a big premium in the market. There's a rerating that will happen if we are successful in our transition from an explorer to a developer and an eventual producer as well.
 
SD: Later in Q2/17, we will rebuild the Sigma resource. We're completely rebuilding the geological model, and we'll come out with that in Q2/17. Looking at the proximity of that resource next to the Lamaque Deep target, we're going to see if we can increase the throughput on the project.
 
Wade - As you mentioned eariler it looks as though there going down 1800m so as to tie in future production with both Sigma and LD. 

With patient and time comes reward. GLTA
 
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