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Iron ore spot price still weak but Kumba's cost curve sits pretty low compared to peers, margins should hol…by @julianreins_jse on $KIO

JU
julianreins@julianreins_jse·Neutral

Iron ore spot price still weak but Kumba's cost curve sits pretty low compared to peers, margins should hold if we see any bounce. R330.00 looks reasonable value if you're long term, dividend yield is solid and they're not cutting capex on the big projects.

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