LN, I get logged out everytime when I want to reply to your question -Maybe the system maintenance shutdown after the rugby on Saterday will fix this problem. Apart from the thought that I think my spelling is bad but that yours is worse. Here is a propable answer to your question: I have read somewhere that the Anglo American Cooperation is actively increasing their shareholding in this company. As I have it Anglo American is basically the domineering influence in the South African economy and therefore the "smart money" is also buying Kumba shares. I had a look at the charts and and are buying at the support lines.
Won't be surprised if KIO makes a new high while the market is under pressure. It's a strong momentum play - just be sure to get out once it shows weakness. If we see new highs my target of 31000 becomes more realistic.