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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 Marine2on Mar 28, 2017 10:22am
140 Views
Post# 26039986

RE:RE:RE:RE:RE:Question regarding "third party acquisition" ?

RE:RE:RE:RE:RE:Question regarding "third party acquisition" ?

blue

 

That’s what I was thinking, “Rubi"con"  disaster in which the decision by management to move forward into production with only a PEA in hand” , no company will risk $600 million to take a run at Integra with just a PEA in hand. 

 

Thats the reason for my question on Eldorado,, I don’t think they will spend that kind of money until they see a FS,, then it’s game on.

 

With Eldorado already having the inside leverage on any buyout Integra may be looking at protecting themselves by bringing other interested parties like G or AEM to make it interesting ? AEM or G just might get in the game here if LD proves interesting ?

 

Any of these companies can build a inside track and walk away with a profit or duke it out for a JV or buyout.

 

If an asset is worth $1.5 to $2 Billion at the end of the day a management team, Steve & George, don’t look very good selling out for $600 or $700 million !

 

M2

 

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