More juice to squeeze, or not?
Ingham Analytics say 2019 was a year of elevated pricing for 64% Fe iron-content fines, the grade relevant to Kumba. The rand was also weaker. Ingham Analytics do point out that this is a tale of two halves – and they are dramatically different. Earnings are up 68% but is this as good as it gets or is there more to follow? Ingham Analytics gives you the answer.
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