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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 tomgraniteon Jul 21, 2016 3:01pm
165 Views
Post# 25073439

RE:RE:RE:RE:RE:Tonnage

RE:RE:RE:RE:RE:Tonnage
Thanks wwadehammer. Your last comment sums up the situation. ICG management are very smart, so the reason why they cannot commit to a definite date for the PEA is because they are dealing with an evolving situation. They have 58kms of drill results to come and they have 4 drills still turning. I'm going to hazard a guess and say that a massive influence on the PEA is going to be the results from the gap between No. 4 plug and the Triangle zone. If there is a decent deposit at decent grades then this could be a massive effect on the PEA and also an influence on how they proceed. I would respectfully comment that any NRs from 2015 are out of date.
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