Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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.

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Intchains Group Ltd > Profit from a 50,000 tonne bulk sample

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Comment by goldhunter11on Apr 25, 2017 9:38am

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Post# 26161638

RE:RE:Profit from a 50,000 tonne bulk sample

WWH,
That sounds like a reasonable extrapolation based on published results. Assuming PoG @ C$1700/oz, one convenient value for the profit would be a nice round number of $1000/oz (for the sake of easy math, so one can do the calculation without the aid of a calculator).

14.5koz would net $14.5M. Same sort of ball-park figure like your $15.4M. Let's split the diffrence, say ~$15M profit for the 50,000 tonne bulk sample.
GH

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