NGX Ltd (NGXLF) Stock Price Prediction

NGX Ltd. engages in the exploration and development of natural graphite properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2023-06-16. The firm is engaged in developing a portfolio of African projects focusing on minerals critical to the clean energy transition. Its natural graphite projects include Malingunde Project, Nanzeka Project, Duwi Project, Lifidzi Project, and Msinga Project. The Malingunde Project is located in the Central Region of the Lilongwe District of Malawi, approximately 20 kilometers (km) southwest of Malawi's capital, Lilongwe. The Nanzeka Project is located over 60 km north of Malawi’s capital Lilongwe. The Duwi Project is located over 15 km east of Malawi's capital, Lilongwe. The firm holds two exclusive prospecting license applications (EPL) in Namibia, Tubusis (EPL9629) and Rossingburg (EPL9921) projects. Tubusis (EPL9629), a 113 square kilometers license application, to the northeast of Swakopmund.