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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 > What will Eldorado do ?
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Comment by goldhunter11on Jun 01, 2016 11:27am
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Post# 24923160

RE:RE:RE:RE:RE:What will Eldorado do ?

RE:RE:RE:RE:RE:What will Eldorado do ?goldminer,
Your post says: "I agree..  $1.00-1.10 would do it."

This price could be fine as an opening bid (just below $500M) for Lamaque South deposits only, but the entire company is worth a lot more than that. The mill and on-site infrastructure (tailings ponds, etc.) are cash cows for processing ores and for waste storage in the neighbourhood ...and the Lamaque-Sigma Deep and surrounding area have a potential of containing some 4M ozAu (worth another $500M) after spending say $50 - 100M of development work to produce the Technical Report for the resource estimate.

GH

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