AVZ Discussion 2022

Remark

Top 20
For some reason I recall Nige was going to be in the DRC 30th Nov or thereabouts???
I remember reading a post saying he was expected there on the 24th🤷‍♂️
 
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TDITD

Top 20
Well with the AGM over, thanks to @BEISHA @Scoota30 @tonster66 @Roon
solid work on reporting their takeaways from the AGM, t'was positive (surprise surprise very similar to RS)

Hopefully now we can move on from those negative posts/posters that were attempting to create an atmosphere in here like that sickly little diseased HC !!

Certainly not rainbows and butterflies but we all now know where the company stands

slow motion kick GIF
 
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antimatter

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Well with the AGM over, thanks to @BEISHA @Scoota30 @tonster66 @Roon
solid work on reporting their takeaways from the AGM, t'was positive (surprise surprise very similar to RS)

Hopefully now we can move on from those negative posts/posters that were attempting to create an atmosphere in here like that sickly little diseased HC !!

Certainly not rainbows and butterflies but we all now know where the company stands

slow motion kick GIF

Talking about butterfly, here's a joke we all heard :)
cockroach joke.png
 
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DiscoDanNZ

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Are there other li projects in DRC other than all the parasites closing in around Manono?
That's where I thought it made more sense that Mr Pei would be visiting investments in Australia (where were actually producing spod to in turn produce hydroxide for a converter).
Politicians have tied up any hope of production from DRC in knots. Waste of time.
Also my recollection is that he said "in 'the' country" ie Australia.

CATH is part of the DRC Battery Council too isn't it? Could be checking in on all the corrupt bullshit around that.

At the time of the AGM I thought NF was talking about Australia because I remember wondering when he planned on going back to the DRC.
 
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TDITD

Top 20
Well with the AGM over, thanks to @BEISHA @Scoota30 @tonster66 @Roon
solid work on reporting their takeaways from the AGM, t'was positive (surprise surprise very similar to RS)

Hopefully now we can move on from those negative posts/posters that were attempting to create an atmosphere in here like that sickly little diseased HC !!

Certainly not rainbows and butterflies but we all now know where the company stands

slow motion kick GIF
As an aside to this too,

Deboss and the Chiro came over from Brissy, they are successful individuals with the Chiro dude(sorry forgot his name), has was it 35 odd practices around Australia and is only 37 (bloody good on him) and Deboss has been over to AVZ has the Ferrari, Corvette and rumoured to have 40mil AVZ shares, these guys KNOW how to make $$. I took note of these guys and their demeanours, they weren't worried, angry, stressed or holding pineapples (other than those in their wallets ;)).

Personally, I put far more value in these blokes' opinions than that of some fuckwit pimply-faced needle-dick 50yr old virgin living in mummies basement putting all their time and effort into trolling AVZ on social media instead of finding the next big one.
 
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cruiser51

Top 20
I remember reading a post saying he was expected there on the 24th🤷‍♂️
24th would make sense...

25th is Black Friday and Nigel might want to lop a special offer for 15% of Dathcom.
Outbidding Zijin's illegal 15% for US$33 million can't be that hard. :rolleyes:

Dathomir's 15%???
Any car dealer could tell you, after you shake hands, sign the contract and pay the deposit, legally the deal is done, unless the arse is covered with gobbledegook small print.
So Simon, the word is. "nice try, but fuck off".
Sometimes certain moron's don't know what is good for them.
 
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Rehabilitation of the Mpiana-Mwanga power plants: civil society urges the Government to respect the agreement signed with " AVZ POWER SASU "
November 17, 2022 Faustin KUEDIASALA

In correspondence dated November 17, 2022, a collective of Civil Society Organizations and Platforms working in the natural resources sector challenges the National Minister of Energy on the respect of commitments relating to the rehabilitation of the Mpiana-Mwanga power plants in the territory of Manono (province of Tanganyika). In this correspondence, the collective recalls that “on January 29, 2021, His Excellency the Minister of Water Resources and Electricity signed Ministerial Order No.129/CAB/MIN/RHE/EMM/2021 of 29 creating a Technical Committee for monitoring the rehabilitation project of the Mpiana-Mwanga I and II hydroelectric power stations on which sits a representative or delegate of Cominière SA”.

In view of these commitments concluded, the collective is surprised that "during a meeting, organized with the communities of Manono, on Saturday November 12, 2022, on Dathcom Mining SA, the delegate of Cominière SA (Mr. MUYELA Robert) publicly declared that they have "selected the Chinese group Zijin for the rehabilitation of the hydroelectric power stations of Mpiana-Mwanga within three years and without condition". How did this new agreement come about? On what basis was it concluded? So many questions for which the collective expects clear answers from the current Minister of Energy.

according to your Ministerial Decree mentioned above, as well as the Ministry of the Portfolio which is the supervisory authority and all the government and the Democratic Republic of Congo in compliance with the laws of the country”. And to conclude: "Excellence, your diligent attention to ensuring compliance with the said Memorandum of Understanding will be the legal protection of the healthy business climate in our country and respect for the vision of the Head of State, Félix-Antoine Tshisekedi Tshilombo for the electrification of the deep Congo and the development of our 145 territories from the base".

The Mpiana-Mwanga dam was built in 1933. Its operation was stopped in 1982. The rehabilitation works envisaged by AVZ Minerals, following the agreement concluded in January 2020, should allow, initially, the relaunch of two turbines with a combined capacity of 18 MW. Eventually, the power of the plant should be extended to reach 54 MW. It is this agreement, which fully commits the Government, that Kinshasa has just called into question, for reasons unknown to the general public, by turning to the Chinese group Zijin.

All of the correspondence of the Collective of Organizations and Platform of Civil Society in the DRC.
 
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Samus

Top 20

Rehabilitation of the Mpiana-Mwanga power plants: civil society urges the Government to respect the agreement signed with " AVZ POWER SASU "
November 17, 2022 Faustin KUEDIASALA

In correspondence dated November 17, 2022, a collective of Civil Society Organizations and Platforms working in the natural resources sector challenges the National Minister of Energy on the respect of commitments relating to the rehabilitation of the Mpiana-Mwanga power plants in the territory of Manono (province of Tanganyika). In this correspondence, the collective recalls that “on January 29, 2021, His Excellency the Minister of Water Resources and Electricity signed Ministerial Order No.129/CAB/MIN/RHE/EMM/2021 of 29 creating a Technical Committee for monitoring the rehabilitation project of the Mpiana-Mwanga I and II hydroelectric power stations on which sits a representative or delegate of Cominière SA”.

In view of these commitments concluded, the collective is surprised that "during a meeting, organized with the communities of Manono, on Saturday November 12, 2022, on Dathcom Mining SA, the delegate of Cominière SA (Mr. MUYELA Robert) publicly declared that they have "selected the Chinese group Zijin for the rehabilitation of the hydroelectric power stations of Mpiana-Mwanga within three years and without condition". How did this new agreement come about? On what basis was it concluded? So many questions for which the collective expects clear answers from the current Minister of Energy.

according to your Ministerial Decree mentioned above, as well as the Ministry of the Portfolio which is the supervisory authority and all the government and the Democratic Republic of Congo in compliance with the laws of the country”. And to conclude: "Excellence, your diligent attention to ensuring compliance with the said Memorandum of Understanding will be the legal protection of the healthy business climate in our country and respect for the vision of the Head of State, Félix-Antoine Tshisekedi Tshilombo for the electrification of the deep Congo and the development of our 145 territories from the base".

The Mpiana-Mwanga dam was built in 1933. Its operation was stopped in 1982. The rehabilitation works envisaged by AVZ Minerals, following the agreement concluded in January 2020, should allow, initially, the relaunch of two turbines with a combined capacity of 18 MW. Eventually, the power of the plant should be extended to reach 54 MW. It is this agreement, which fully commits the Government, that Kinshasa has just called into question, for reasons unknown to the general public, by turning to the Chinese group Zijin.

All of the correspondence of the Collective of Organizations and Platform of Civil Society in the DRC.
Fuck me dead are we cursed for all eternity? Someone wake me up please!
 
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Fuck me dead are we cursed for all eternity? Someone wake me up please!
Yeh let's hope that get knocks on the head by the department that actually own it and who we signed the MOU with. As Nigel said, should be no worries and this article is even saying, please honour the original agreement 👍
 
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Samus

Top 20
Yeh let's hope that get knocks on the head by the department that actually own it and who we signed the MOU with. As Nigel said, should be no worries and this article is even saying, please honour the original agreement 👍
(y) Let's hope Toad gets plucked from her position before she causes yet more trouble, it's getting tiresome.
 
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Samus

Top 20
Not sure if this was posted yet. Again seems counter-productive as they block major western investments.

At the G20 Summit, Julien Paluku praises the energy potential of the DRC​

Writing Kinshasa
By Editorial KinshasaNovember 17, 2022 at 4:08 PM

On the sidelines of the G20 summit being held in Bali (Indonesia), the Congolese Minister of Industry, Julien Paluku argued that the DRC is a unique opportunity for the world in the energy transition caravan.
In a one-on-one with the French President, Emanuel Macron, Minister Julien Paluku invited French investors to invest in the DRC because, he underlined, "the DRC is full of enormous potential".

"French investors are therefore welcome in the Democratic Republic of Congo, Tshisekedi's country which is full of enormous potential in several constituent areas, thus an opportunity for the world in the energy transition caravan," he said.
During the exchanges with the French President Emmanuel Macron, Julien Paluku worked to lobby for the DRC, referring to the study carried out by the Bloomberg agency which indicates that the DRC is the best destination for the battery industry. and electric vehicles thanks to its strategic minerals including cobalt, lithium and manganese.

Also, the Congolese Minister of Industry spoke with John Morton, adviser to the Biden administration at the State Treasury Department, on the re-industrialization of the DRC through electric batteries.
The Minister of Industry, Julien Paluku has also requested the contribution of foreign partners in the materialization of the project to install the first electric battery manufacturing plant in Haut-Katanga.
Note that these meetings are part of the consolidation of the industrial diplomacy of the Democratic Republic of Congo.
The G20 is a summit bringing together the 20 most industrialized countries on the planet, extended to emerging countries, was organized under the theme: "Bali 2022: getting up together and stronger". But the exchanges are focused on the Russian-Ukrainian crisis and its consequences in Africa and in other continents.

David Mukendi​


 
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JAG

Top 20
ABC193D0-3C24-4A19-AF48-A168C6070824.png
 
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Charbella

Regular
Lithium is the oil of the future. In Manono there is a ±$100 billion reserve. Today, the DRC State via cominière, no longer holds ke 10% because having sold 5%, 15% to the Chinese at the price of peanuts under the eye of Min Kayinda and the Australians have 70%.
IGF has brought the sellers to justice.

 
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CATH is part of the DRC Battery Council too isn't it? Could be checking in on all the corrupt bullshit around that.

At the time of the AGM I thought NF was talking about Australia because I remember wondering when he planned on going back to the DRC.


DF145A21-2327-45BB-AD2D-8BC5A2D92C5B.jpeg



The DRC Battery Council: Building the sustainable battery supply chain of tomorrow​

Wed 30 Mar 2022

Africa is a resource-rich continent, home to some 30% of the world’s known mineral reserves, including 40% of known gold and up to 90% of chromium and platinum reserves.

For centuries, this mineral wealth has been extracted by foreign nations or companies with very little value returned to the countries they are taken from, leaving Africa with little to gain from the global mineral supply chain.

The Democratic Republic of Congo (DRC) is seeking to change that unequal dynamic, taking the first steps to building a sustainable battery value chain within the DRC and greater Africa with the support of the new Democratic Republic of Congo Battery Council.

In this article:​

What is the DRC Battery Council?
Who’s involved?
Challenges to be overcome

What is the DRC Battery Council?​

The main objective of the Democratic Republic of Congo’s DRC-Africa Business Forum in 2021 was to foster “the development of a battery, electric vehicle and renewable energy value chain and market in Africa”.

The DRC-Africa Business Forum – after two hours of roundtable debate – brought together high-level stakeholders to form the Democratic Republic of Congo’s Battery Council with three strategic objectives:

Support value creation of strategic minerals in Africa and strengthen productive capabilities in the battery value chain, to generate job creation on the continent via the battery value chain;

Ensure a socially, environmentally responsible and sustainable battery value chain, which improves the lives of women and the youth; and

Encourage local and African champions to invest in the battery industry.
The council intends to set up a special financial vehicle to facilitate private investments and the participation of the population, and will also:


Leverage partnerships to attract and promote investment and innovation and technology for the transformation of Africa’s strategic minerals;

Accelerate intra-African trade, skills building and research to unlock innovation along the battery value chain leveraging the African Continental Free Trade Area (AfCFTA);

Collaborate to promote extensive partnerships and far-reaching exchanges of innovative ideas to ensure that the battery value chain is sustainable and accrues value to the local economy;

Catalyse, fast-track and scale up action towards the vision; and

Facilitate the generation of evidence-based studies, data, information on the battery value chain in the DRC and Africa.
The council’s goals have garnered support from the UN Economic Commission for Africa, which champions economic cooperation among its member states.

“The DRC is at the heart of the battery value chain, as it is home to about 70% of world's cobalt reserves,” UN Under-Secretary-General and executive secretary of the Economic Commission for Africa Vera Songwe said.

“The country’s mining sector currently accounts for 98% of exports, 18% of GDP and 11% of jobs.

“If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP tremendously.”

The head of state of the DRC and current chair of the African Union Commission (AU), Félix-Antoine Tshisekedi Tshilombo, also expressed his enthusiasm for the council to begin pursuing its goals: "The machine is now launched, it is necessary to start right after this forum."

Who’s involved?​

The key participants included representatives of Zambia, Tanzania and Morocco, the UN Economic Commission for Africa, African Union Commission and Afreximbank.

Other organisations included Africa Finance Cooperation, African Development Bank Group, Bosch Africa, The Arab Bank for Economic Development in Africa, and AVZ Minerals Ltd (ASX:AVZ).

AVZ Minerals was the only aspiring mining company to be invited to the forum, which managing director Nigel Ferguson sees as a logical choice.

“We're sitting with one of the globally significant lithium and tin resources and the current geopolitical climate is gaining greater focus on green technology,” Ferguson said.

“The Australian Ambassador visited just recently and she said the DRC President, Felix Tshisekedi, was very keen on having more Australian companies come and do business in country because we've got a very good reputation for our technical expertise, our transparency and our professionalism.

“We also recognise the importance of having a local community that's realising benefit from a national asset.”

AVZ Minerals has built its brand on a near ‘zero emissions’ operation, with an independent greenhouse gas assessment confirming the Manono Lithium and Tin Project could have one of the lowest carbon footprints of any hard rock lithium mine in the world.

“The DRC and Africa are strategically positioned to play a pivotal role in the global transition to clean energy and decarbonisation and the Manono project will greatly assist to improve the fortunes of the Congolese people, which AVZ Minerals is very supportive (of),” Ferguson commented.

Challenges to be overcome​

There are many structural challenges to be overcome before the DRC Battery Council can meet its goals, not least of which is energy and transport infrastructure.

The DRC currently operates under a large electricity deficit, where once it supplied excess energy to its neighbours.

Secretary-General of EGC (General Cobalt Company) and energy expert Vincent-Noël Vika Raissa Kikunda said that overcoming this first hurdle was paramount, and “the country will have to invest a billion dollars each year to hope to solve its electricity problem”.

Secretary-General Vika highlights that without access to financing and sovereign guarantees, long-term energy purchase contracts may fill the gap.

DRC will also likely need a more robust rail network, potentially a large industrial port and greater integration of the local population into the electric battery industry.

The private sector will be integral to the upskilling of DRC citizens, a role AVZ Minerals is already engaged in.

The mining company has plans to build and fit-out a school at Manono, the local town adjacent to AVZ’s mining project, and also intends to draw on a large pool of extensive mining experience in the form of locally recruited on-the-job traineeships.

“Giving locals an opportunity to have a skill or a trade and uplift themselves is something that's very close to us,” Ferguson explained.

“The DRC is well endowed with not only natural mineral resources but also in their people. There’s a long history of mining in the country and many people are very technically capable.

“I'm absolutely comfortable with the fact that there's enough technical capacity here to be able to fulfil those roles.”

Ferguson also highlighted a need for political stability and regulatory flexibility across greater Africa, often cited as one of the major reasons the continent can be risky to invest in.

David McLachlan-Karr, the Resident and Humanitarian Coordinator of the UN in DRC, commented that the Congo has the capacity to change the distribution of benefits from the green mineral value chains.

“Investors believe in this project and are involved. The work will be very complex, requiring a focused approach,” McLachlan-Karr said.

“Investing in this sector in DRC won’t just yield financial returns, but will be vital for the global reaching of the Paris agreement, and improving lives in DRC.”
 
Last edited:
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View attachment 22340


The DRC Battery Council: Building the sustainable battery supply chain of tomorrow​

Wed 30 Mar 2022

Africa is a resource-rich continent, home to some 30% of the world’s known mineral reserves, including 40% of known gold and up to 90% of chromium and platinum reserves.

For centuries, this mineral wealth has been extracted by foreign nations or companies with very little value returned to the countries they are taken from, leaving Africa with little to gain from the global mineral supply chain.

The Democratic Republic of Congo (DRC) is seeking to change that unequal dynamic, taking the first steps to building a sustainable battery value chain within the DRC and greater Africa with the support of the new Democratic Republic of Congo Battery Council.

In this article:​

What is the DRC Battery Council?
Who’s involved?
Challenges to be overcome

What is the DRC Battery Council?​

The main objective of the Democratic Republic of Congo’s DRC-Africa Business Forum in 2021 was to foster “the development of a battery, electric vehicle and renewable energy value chain and market in Africa”.

The DRC-Africa Business Forum – after two hours of roundtable debate – brought together high-level stakeholders to form the Democratic Republic of Congo’s Battery Council with three strategic objectives:

Support value creation of strategic minerals in Africa and strengthen productive capabilities in the battery value chain, to generate job creation on the continent via the battery value chain;

Ensure a socially, environmentally responsible and sustainable battery value chain, which improves the lives of women and the youth; and

Encourage local and African champions to invest in the battery industry.
The council intends to set up a special financial vehicle to facilitate private investments and the participation of the population, and will also:


Leverage partnerships to attract and promote investment and innovation and technology for the transformation of Africa’s strategic minerals;

Accelerate intra-African trade, skills building and research to unlock innovation along the battery value chain leveraging the African Continental Free Trade Area (AfCFTA);

Collaborate to promote extensive partnerships and far-reaching exchanges of innovative ideas to ensure that the battery value chain is sustainable and accrues value to the local economy;

Catalyse, fast-track and scale up action towards the vision; and

Facilitate the generation of evidence-based studies, data, information on the battery value chain in the DRC and Africa.
The council’s goals have garnered support from the UN Economic Commission for Africa, which champions economic cooperation among its member states.

“The DRC is at the heart of the battery value chain, as it is home to about 70% of world's cobalt reserves,” UN Under-Secretary-General and executive secretary of the Economic Commission for Africa Vera Songwe said.

“The country’s mining sector currently accounts for 98% of exports, 18% of GDP and 11% of jobs.

“If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP tremendously.”

The head of state of the DRC and current chair of the African Union Commission (AU), Félix-Antoine Tshisekedi Tshilombo, also expressed his enthusiasm for the council to begin pursuing its goals: "The machine is now launched, it is necessary to start right after this forum."

Who’s involved?​

The key participants included representatives of Zambia, Tanzania and Morocco, the UN Economic Commission for Africa, African Union Commission and Afreximbank.

Other organisations included Africa Finance Cooperation, African Development Bank Group, Bosch Africa, The Arab Bank for Economic Development in Africa, and AVZ Minerals Ltd (ASX:AVZ).

AVZ Minerals was the only aspiring mining company to be invited to the forum, which managing director Nigel Ferguson sees as a logical choice.

“We're sitting with one of the globally significant lithium and tin resources and the current geopolitical climate is gaining greater focus on green technology,” Ferguson said.

“The Australian Ambassador visited just recently and she said the DRC President, Felix Tshisekedi, was very keen on having more Australian companies come and do business in country because we've got a very good reputation for our technical expertise, our transparency and our professionalism.

“We also recognise the importance of having a local community that's realising benefit from a national asset.”

AVZ Minerals has built its brand on a near ‘zero emissions’ operation, with an independent greenhouse gas assessment confirming the Manono Lithium and Tin Project could have one of the lowest carbon footprints of any hard rock lithium mine in the world.

“The DRC and Africa are strategically positioned to play a pivotal role in the global transition to clean energy and decarbonisation and the Manono project will greatly assist to improve the fortunes of the Congolese people, which AVZ Minerals is very supportive (of),” Ferguson commented.

Challenges to be overcome​

There are many structural challenges to be overcome before the DRC Battery Council can meet its goals, not least of which is energy and transport infrastructure.

The DRC currently operates under a large electricity deficit, where once it supplied excess energy to its neighbours.

Secretary-General of EGC (General Cobalt Company) and energy expert Vincent-Noël Vika Raissa Kikunda said that overcoming this first hurdle was paramount, and “the country will have to invest a billion dollars each year to hope to solve its electricity problem”.

Secretary-General Vika highlights that without access to financing and sovereign guarantees, long-term energy purchase contracts may fill the gap.

DRC will also likely need a more robust rail network, potentially a large industrial port and greater integration of the local population into the electric battery industry.

The private sector will be integral to the upskilling of DRC citizens, a role AVZ Minerals is already engaged in.

The mining company has plans to build and fit-out a school at Manono, the local town adjacent to AVZ’s mining project, and also intends to draw on a large pool of extensive mining experience in the form of locally recruited on-the-job traineeships.

“Giving locals an opportunity to have a skill or a trade and uplift themselves is something that's very close to us,” Ferguson explained.

“The DRC is well endowed with not only natural mineral resources but also in their people. There’s a long history of mining in the country and many people are very technically capable.

“I'm absolutely comfortable with the fact that there's enough technical capacity here to be able to fulfil those roles.”

Ferguson also highlighted a need for political stability and regulatory flexibility across greater Africa, often cited as one of the major reasons the continent can be risky to invest in.

David McLachlan-Karr, the Resident and Humanitarian Coordinator of the UN in DRC, commented that the Congo has the capacity to change the distribution of benefits from the green mineral value chains.

“Investors believe in this project and are involved. The work will be very complex, requiring a focused approach,” McLachlan-Karr said.

“Investing in this sector in DRC won’t just yield financial returns, but will be vital for the global reaching of the Paris agreement, and improving lives in DRC.”

This may have been replaced by the DRC - ZAMBIA BATTERY COUNCIL
 
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Rediah

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Rediah

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Don't see CAMI listed?
I hope they go out soon in the second wave of cleaning, stains like that needs deep cleaning.

old lady cleaning GIF
 
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Jazz

Regular
Does anyone know what Deboss actually does???

Is he just some crazy rich dude?

Did he make money from a profession or something then turn to investing?

Did he just get a shitload of money from Mum and Dad and can do what he pleases??

Just intriuged
What does Deboss do you ask? Whatever Deboss wants!
 
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Bin59

Regular
Don't see CAMI listed?
Give it a bit more time - wait until the Vidiye court hearing starts - I’m expecting they will ask how and who enabled him to do the mining deals … all should be revealed by the prosecutor. The next court hearing date is Tuesday 24th November.

DRC: Vidiye Tshimanga trial postponed to November 24​

November 15, 2022


The Court of Peace of Kinshasa / Gombe, sitting in repressive matters, dismissed the Vidiye Tshimanga case, the former adviser to the Head of State, on November 24, in view of the exceptions raised by the latter's lawyers, including the incompetence of the court.

"The court is not territorially competent because these offences are not committed within the jurisdiction of its jurisdiction, but rather outside the country," they argued during this hearing.

The exceptions put forward by the defense were swept away by the public prosecutor's office, which raised the jurisdiction of the peace court, considering that the action brought must be considered inadmissible.

Vidiye Tshimanga is accused of influence trafficking, corruption and offense to the Head of State, following a video showing him visibly negotiating income with alleged investors and promising them to be involved in obtaining a market in the mining sector.

He was placed in pre-trial detention on September 21 by the General Prosecutor's Office at the Kinshasa/Gombe Court of Appeal, before obtaining provisional release a few days later. Despite this decision issued by the Tribunal de Grande Instance of Kinshasa/Gombe, the public prosecutor continued its investigation, until obtaining the determination of the case to be tried.
 
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