Catalist-listed Silkroad Nickel, an Indonesian-based nickel miner, is expecting to report a “significant improvement” in its revenue and earnings for the 1HFY2022 ended June.
The improvement is primarily due to a combination of higher quantity and quality of nickel ore sold by the company and higher average benchmark selling prices of nickel ore as determined by Indonesia’s Ministry of Energy and Mineral Resources in the 1HFY2022, says the company in its Aug 2 statement.
The company will be announcing its results for the period on or before Aug 14.
Shares in Silkroad Nickel closed flat at 39.5 cents on Aug 2.
