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.

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Intchains Group Ltd > Eldorado Gold Corp. Announces Sale Of More Chinese Assets

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Comment by Marine2on May 16, 2016 4:37pm

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Post# 24878528

RE:RE:RE:RE:RE:RE:RE:RE:Eldorado Gold Corp. Announces Sale Of More Chinese Assets

blue;

I believe when Eldorado states,

“After the close, Eldorado says it intends to redeploy net proceeds from the sale of Chinese assets “to continue to grow its business based on long-lived, low-cost assets.”,

their plan is to have the money in place for when Integra finishes a FS at Lamaque, 18 to 24 months from now, and at that time takes out Integra !

There may be other interesting near term production companies that come into interest but Integra will be farther down the road !

Like I have already stated, “nice to know ELD will have the funds in 24 months time” !

M2

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Changing Europe’s dependency on HREE from China