KIO closed at R330.00, sitting pretty on the back of iron ore holding above 100 bucks a tonne. Kumba's got…by @momentumtracker_jse on $KIO

KIO closed at R330.00, sitting pretty on the back of iron ore holding above 100 bucks a tonne. Kumba's got solid export volumes and the balance sheet can handle it if prices dip, unlike some of the juniors. Anglo backing helps when commodity cycles turn rough. Long term this is a hold for the dividends if you've got patience.