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.

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Intchains Group Ltd > ELD’s numbers – CDN high grade ICG beckons?

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Post by Silverwhereon Jan 07, 2017 12:48pm

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Post# 25678898

ELD’s numbers – CDN high grade ICG beckons?

Eldorado’s News Releases this week must be interpreted as possible shots across the bows of all Integra suitors. If nothing else, these ELD NRs accelerate potential buyout, JV, or merger discussions & conclusions.

Make no mistake: Eldorado is most definitely viewed as a lean, aggressive shark by its comparable peers. Sure there are larger sharks in this somewhat crowed tank but they all respect ELD’s track record of not shying away when it comes to forcefully striking much-desired prey.

Do not underestimate ELD’s desire to polish its gold standard high grade brand name, especially at this point in time for this (traditionally assertive) company.
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Closed the year with total liquidity of approximately $1.1 billion , including $880 million in cash, cash equivalents and term deposits, and $250 million in undrawn lines of credit.
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2017 Financial Outlook

The Company's balance sheet remains one of the strongest in its peer group, with approximately $880 million in cash, cash equivalents and term deposits and $250 million in undrawn credit lines. Sustaining capital for gold mining operations in 2017 is estimated to be approximately $100 million . Planned expenditures for mining development total $315 million . Exploration expenditures in 2017 are budgeted at $35 million (65% expensed and 35% capitalized), with a balanced focus on resource delineation and brownfield drilling at existing operations, testing known structures, and project generation.
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2016 Fourth Quarter and Year End Financials Announcement
The 2016 Fourth Quarter and Year End Financials will be released after the market closes on February 23 , 2017. A conference call to discuss the details will be held by senior management on February 24, 2017 at 8:30 AM PT (11:30 AM ET). The call will be webcast and can be accessed at Eldorado Gold's website: www.eldoradogold.com

https://finance.yahoo.com/news/eldorado-announces-preliminary-2016-operational-115000331.html

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