In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company which, if exercised, provides the GB Energy with the right to acquire a 70% stake in Namibia’s Bitterwasser lithium clay project, near Windhoek. The option agreement provided the company with an exclusive 120-day option period in which to conduct due diligence on the project, including preliminary sampling, which would start immediately.
