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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

Post by kbradleyon Jun 09, 2016 7:44pm
202 Views
Post# 24952772

lots of shares outstanding lots of value!

lots of shares outstanding lots of value!Couple things to think about re the number of shares outstanding. First it would be nice if it was in half, not going to happen. Second, 500M shares have been able to accomplish a $700M mill along with at least 2+ million ounces combined with no debt. If this goes into production we might have some debt however that $70M would get paid off in less than a year. Most gold miners are saddled with debt...Barrick etc. This could be producing 50 cents a share x a mulitple of 10 with sub $2k dollar gold. What if gold is at $5k...Just a thought.
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