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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

Comment by goldhunter11on Jul 21, 2016 11:46am
119 Views
Post# 25072403

RE:Tonnage

RE:TonnageWWH,
The top 4 on your list account for most of the potential feedfor Sigma Mill. However, the REs have improved significantly in 2015, notably  for Triangle. Also, Plug #4 has not been updated (they now have all the drill results in...it's time to get busy). As mentioned in the Corp Presentation slide 34, they are reconstructing the RE for Sigma to identify potential locations in the old mine infrastructure to scoop out high-grade ore. May be this is where ICG will start the mining operation, along with Parallel (do you know if they already have UG access to Parallel deposit?

Timeline: Start of the new PEA is in Sept 2016, so finishing up the Sigma RE reconstruction by end of Aug 2016 is more than just a coincidence?
GH 
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