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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 wwadehammeron Mar 15, 2017 11:41am
186 Views
Post# 25982370

RE:looking at the purple dot's

RE:looking at the purple dot'sIdle, I calculated the estimated increase in ounces in the upcoming RE based on the increase in the the December RE that added 23,000 meters and came up with around an 800,000 ounce increase.  Might or might not be close.  Transfer from inferred to indicated is harder to guess.  The upcoming RE won't pick up alot of the infill drilling of C1 and C2 and their splays as assays occurred in 2017.  However, we should see a major increase in inferred for C5 and C6.

The PEA projected 25 percent dilution after the ore is processed thru the mill.  This seems high IMO as the width of the C structures is increasing which should decrease dilution to around 10 percent.  The bulk sample will settle what the dilution will be, and as Blue says, we should see a nice bump in profit based on bulk sample results.

Should be getting close to Proven and Probable for parts of C1 and C2.  Probably won't see another RE after the upcoming until 2018.  Should be over 4 million ounces by end 2017, which would project to 400,000 ounces per year for 10 years at 5000 tpd thru the mill.  Lots to look forward to.
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