Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd > Eldorado takeover

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Comment by Jmgreenon Feb 13, 2016 4:26pm

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Post# 24556399

RE:RE:RE:Eldorado takeover

Hey Marine If there're actually able to get 6 million ounces out of this property, how do you come up with 1 billion valuation. Seems to me it would be higher, no? I'm not actually saying that I think they do or don't have that kind of a resource, my question is more about the valuation. you said 4 to 6 mil ounces and 800 mil ($200 an ounce) to 1 b ($166 an ounce) Why would the value per ounce go down with more ounces?

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