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Coronavirus and Lynas, page-10

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Neoarchean

2,506 Posts.

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12/03/20

14:59

Post #: 43451867
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Originally posted by 0paline: ↑

Vaccine won't be available for an expected 18 months. Be nice to get it sooner but the medical advice from the professionals is in the order of 18 months. Not expected to be as deadly as Spanish flu but probably at least as contagious. With higher world wide mobility, limiting the spread, aka "flattening the curve" is where we are now.

I expect if the disease becomes rampant in Kuantan, production at our plant may be limited. I wouldn't presume to give our company advice over HC but I think it might be prudent to ramp up production in the short term in case production needs to be scaled back due to illness.

There will be a decrease in world wide productivity that will accompany this pandemic. This will impact both demand over the medium term and perhaps prices too. Decreased production out of China just might dampen these adverse impacts.

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Yikes.

https://www.cnbc.com/2020/03/12/coronavirus-malaysia-is-tracking-5000-people-from-religious-event.html

LYC Price at posting: $1.32 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $6.76		Change 0.020(0.30%)		Mkt cap ! $6.318B

Open	High	Low	Value	Volume
$6.70	$6.82	$6.68	$12.37M	1.829M

Buyers (Bids)

No.	Vol.	Price($)
1	4000	$6.75

Sellers (Offers)

Price($)	Vol.	No.
$6.78	7217	2

View Market Depth

No.	Vol.	Price($)
1	4000	6.750
4	32873	6.740
2	17715	6.730
1	14224	6.720
1	4477	6.700

Price($)	Vol.	No.
6.780	7217	2
6.790	3278	2
6.800	16371	2
6.810	11828	2
6.820	249	1

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LYC (ASX) Chart