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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 Apr 12, 2017 8:54am
242 Views
Post# 26111410

Reason 2-3 drill holes can be a game changer for Integra

Reason 2-3 drill holes can be a game changer for IntegraIntegra at the moment has a 3 million once resource.. to be conservative Integra will without a doubt produce 150,000 anually for 10 years at a 7-9 gpt resource..

Sigma & Lamaque as Steve mentions in webcast 2 or 3 drill holes can be a game changer and reason why is that with the old Sigma resource maybe coming in at 1.5 M onces and adding another 1.5 M for a 3M once lower grade higher tonnage resource we can easily get that mill up to 5,000 tpd throughput..

Therefore : 5,000 tpd x (combined grade) 6gpt = 30,000 gpd / 31.1 = 964 onces daily
                    
                      964 x 350 days = 337,400 annualy

   6 million onces / 337,400 ap = 17.7 years of mine life  

That's without the upside of #4 plug, 9 new structures under Triangle,GRC targets...(these will only add mine life as the only way to add onces from the 5,000 tpd mill throughput is to increase grade)

Increase factor: 1 gpt increase would add 161 onces daily x 350 = 56,350 onces annualy

Now that my friends is a $2-$4 stock even at 500,000,000 share count...gltal
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