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 > ICG PEA and Sigma Mill Refurbishment

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Comment by tomgraniteon Jun 13, 2016 12:04pm

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Post# 24960511

RE:RE:RE:RE:RE:RE:RE:RE:ICG PEA and Sigma Mill Refurbishment

gh11, I would like ICG to proceed to BFS by issuing new shares. However, once they had the BFS I would like them to look at other methods of financing the Capex. The actual cost of the BFS is around $500k I think, and the drilling required to go from inferred to indicated for the BFS would have to be done anyway before they started mining. I don't think ICG need Eldorado for mining expertise as they are based a stone's through away from V'al Dor which is inhabited by ex Sigma Lamaque miners.

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