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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 kbradleyon Mar 26, 2017 1:26pm
191 Views
Post# 26032399

Enough drilling

Enough drilling If the old plugs had 4.5M ounces down to certain levels and we have 2.5M ounces down to C5 already. At some point some assumptions can be made that the geology is similar, the plugs etc can be drilled and drifted for the next 15 years based on a 150k ounces per year. Let's get this into production with the plan in 3 years to continue to explore the GRC and the deeps funded by the fruits of the triangle...We have a defined resource. Save the exploration dollars for getting this producing some revenue. No more dilution. 150k ounces x $600 per ounce is $90M before tax. Get the money from the government to get it going. 400 jobs involved here
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