FMG 0.18% $21.86 fortescue ltd

Iron ore price, page-22895

  1. 3,812 Posts.
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    It's just difficult not to compare Parauapebas and Victoria:

    Population Victoria: 6.3 million Paraupebas:200,000


    VictoriaParauapebas
    1Total cases11,55719,417
    2Active cases6,3229,515
    3Deaths123150
    4New cases 671319

    Of course, one is a city and one a state. The city in question has already had close to 10% of it's population infected with COVID 19.

    Melbourne, the capital of the state in question , where most cases are present, is in total lockdown, with a nightime curfew thrown in. You can't move around. Shops are shut, bars, cinemas, restaurants etc, closed.

    In the comparative case, with a far greater concentration of cases, everything is open- cinemas, bars, restaurants, shopping malls.

    Why? Because the city in question is not really controlled by the authorities, state or local. There is a third force; a force that is not interested in lockdowns.
    This force has already mandated that the situation is improving, and is under control.

    Will Parauapebas see a fast end to the pandemic? Well, in that country, Brazil, the underreporting reporting is regarded as being at a ratio of 1 to 5 (or quite possibly 1 to 10). If that is true, then the real infection rate in Parauapebas might be what? Not 10%, but quite possibly 50%.

    In that situation, it is necessary to ask, should the nearby Serra Norte mine really be active at the moment, or should activities there be suspended?

    https://hotcopper.com.au/data/attachments/2346/2346504-f94d0f34dcf96856b003650281e5d398.jpg

    Follow the protocols to move forward against the coronavirus.This Sunday, August 2nd, we registered 319 new cases and we have 9,469 people in social isolation.
    Last edited by jhunt: 03/08/20
 
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