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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 ukermannon Sep 18, 2016 9:43pm
143 Views
Post# 25250472

RE:$60 to $80 Million Needed To Start

RE:$60 to $80 Million Needed To StartSo much of where we are going or who we will be is dependent on the price of gold. If gold can cross $1500 (US) and hold, everything changes. To be a producer at say 150k Oz's per anum with a 12 year or better mine life in a safe jurisdiction surrounded by possible other feeder sources, ie Alexandria, is, pardon the pun, golden. Given that senerio, I can't believe AEM or even IAG, would leave them alone. Basically your buying a turn-key operation. Easy ounces with little risk. 
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