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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

Comment by TedOwenson Jul 09, 2015 6:34pm
165 Views
Post# 23909407

RE:While your waiting on a Miracle

RE:While your waiting on a Miracle
Company will need a minimum of $100,000,000 to put the projects into production. Given the operational buffer scope financial float for production fluidity which would be needed to be in place while the mine ramps up to full scale production, the number which Dejong has provided is unrealistic and will no doubt be modified several times under bulk sample runs to fine tune the operation....These figures may be well more than those mentioned above should Brent Cooks comments about the deposit model being more complex than presented within the PEA.....Latest price regress suggests that several factors may be in place which point towards analysts understanding this more than the retail investor
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