Big news from para state they had a serological study in para state no fewer than 21% of the population have antibodies for covid if we take into consideration a lot people who have had it wont have antibodies because their body fought if off with t-cells,the percentage of the population who have had it will be a lot higher. If we take the 21% as the true figure this equates to 1.3 million people,there has been 5794 fatalities in para which equates to a fatality rate of 0.44% ,if we consider they are now treating the disease a lot more successfully we are starting to get into flu territory,especially if we take into consideration the people who have had it but dont show anti bodies because of their t-cell response In any case it the people of para will pretty much have herd immunity . hopefully by the end of august the truth will start to emerge,that covid is being exaggerated and things will start to get back to some normality trying to keep positive but its difficult sometimes.
encouraging corona virus data from brazil04 Aug 2020 08:57
Encouraging corona virus data from Brazil it had the lowest Monday case figures since June 1st and the lowest Monday fatality figure since may 11th,i have checked all the states and every one reported,the third degree polynomial graph for fatalities the current downward slope is where it was in late may when it was going up. Para state is virtually over it as confirmed by vale in a recent statement
basically if they are looking to raise$150 000 000 through equity, and they give away half the company ,a 50% stake,then our 50% stake is valued at $150 000 000 or 7p or 8p a share, i cant see them giving away more than 50%
" following the reduction of uncertainties related to the pandemic,with risks of a second wave in china mitigated and the decline in covid-19 cases especially in the northern states of Brazil vale asseses that the worst is likely behind us" Given vale comments about the northern states of Brazil,i dont see any practical reason why construction cant commence as soon as financing is in place(IF)which in my mind is a positive and will help the financing process. MrPartridge i share your nervousness, but the mines are not going to disappear even if there is a delay so all would not be lost ,HZM are not under any immediate financial pressure but i guess the share price would sink in such a scenario.I personally think they will take the best deal they can get and just go for it given the current background.
Brazil opens it borders for tourism30 Jul 2020 08:03
Brazil opens its borders for tourism https://www.traveloffpath.com/brazil-reopening-borders-for-tourism/ Although the corona statistics for Brazil published overnight were bad,this can accounted for by Sao Paulo not reporting figures on Tuesday night,so reporting two days figures on Wednesday night. If there is any good news Para state reported minus 22(-22)fatalities on Wednesday night to go with the minus 13(-13)fatalities on Tuesday night. Overall in Brazil if you go by the official Third degree polynomial graph, fatalities are trending down although this is not readily apparent in the headline figures.
really interesting corona case/fatality graphs from para state28 Jul 2020 10:12
it seems a lot of the cases/fatalities reported are historical and dont tell the current situation so they have produced some graphs to give a more accurate reading https://agenciapara.com.br/noticia/21049/