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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

Post by idlefreebirdon Jan 28, 2017 8:52am
337 Views
Post# 25767335

The numbers don't lie

The numbers don't liewhen you add them up... 2 scenarioes using 1500 tpd fromTriangle at 3 and 5 g cut offs grades from RE report...

3gpt/cut off grade :7.01 x 1500 tpd = 10,515g  /31.1 = 338.10 oz/day x 355 days = 120,026 oz anualy

5gpt/ cut off grade:8.96 x 1500 tpd = 13,440g /31.1 = 432.15 oz/day  x 355 days = 153,414 oz anualy

Now the reason I'm adding only 355 days is due to downtime, but in reality you could go with 365 days of yearly production as the mill has extra capacity to 2,400 tpd and any mill regular shutdowns wouldn't be a burden as they could just ramp up daily ptoduction....The difference grade makes eh ... gltal 
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