Member Info for ollcity

Ali, it’s just a silly reference to Bruce Forsyth on ‘play your cards right’ and as the CFO is also called Bruce (Morrison) I thought it was apt in my comment, just my attempt at humour and probably showing my age too

‘Brucie bonus’

Fills me with renewed hope when the numbers man puts his hand in his pocket, maybe somethings brewing going into the new year and he’s after a Bruce bonus. Onwards and upwards from here I reckon

Troajan
It was just an example of ‘this time next year’ statements which have been made in the past, I wish I’d never mentioned it now, lol

On the same point, I don’t listen to the rampers either, anyone who says this will be 2p this time next year has no idea, although I’d be very happy if it was. Improved production and showing a profit will move this up to where the market believes it should be, and even with a large serviced debt I believe it will be significantly higher than where we are today, but please don’t invest purely on my beliefs, lol

Thanks Franny, I just like to look at what the rns says in simple terms and what I have read seems positive and tells us that things are moving in the right direction with the team addressing the problems in a pro-active but cautious way, more haste less speed springs to mind. As for the doom mongers, I tend not to listen to them as they don’t seem to look at the bigger picture, and just see what they want to see

I’m certainly no expert but I live in Buxton and we’re surrounded by quarries, many of my friends work in these quarries and they tell me the only time production stops is a few days at Xmas for routine maintenance, apart from that they never stop which gives them optimum output. Although your maths makes sense I think the reality is that if the plant doesn’t stop the production number will be significantly higher than just a pro-rata calculation. That’s my understanding and that’s why I’m quietly confident that within 6 months we’ll be a lot happier with the production numbers, just my opinion though

Try not to overthink the ‘nuts and bolts’ of the plant improvements and focus on the fact that they have already moved to 4 days/wk and have stated that very soon they will move to 5 days/week. With this gradual approach the confidence in the improvements should soon propel this to the promised land of 7 days/wk where we should see the numbers we are expecting. This is my view anyway

It’s in yesterday’s RNS which I see as quite positive. Mining operations need to work constantly as in 24 hrs per day, 7 days a week to achieve maximum efficiency. Stopping and restarting is extremely inefficient hence the production/output figures not being to everyones liking. When this is running 24/7 you should see a vast improvement in output so don’t panic, adding an extra day gradually will ensure 24/7 is not too far off, be patient , this will come good

Read all the rns? It clearly states that La Parrilla has been working to a 24hr/ three days per week schedule, read the overview section, MM can’t be any more transparent than that

Totally agree, it’s very frustrating that positive news is met with a drop, I think we need news on numbers in respect of increased revenues, reduced costs etc.to get this moving up properly

I’m sure there are a few who have made 300-400% and good on them for having the nads to buy in at those low prices, I wish I had. I topped up at 80p just before the results and I am confident that good news will start to flow now with new contracts, increased subscriptions, tie ups etc. to keep the price going steadily north. Good luck to all who have stuck with this through thin and thinner

I could do with another 570% rise just to break even ;-) very happy with a steady rise tho. I’m more confident now for the future as they seem to have a focused plan moving forward on 3 fronts, just hoping for good figures in the next update.

I like the tone of this RNS especially the fact that they are quite happy to do an open presentation to coincide with the results, sounds like they may have plenty of positives to announce, only my opinion but pleased with the transparency offered.

Let’s hope we get another leg up on this news, getting a foot into the Far East must be a big positive

Totally agree 4PS, Beechinor and his team seem to be doing a good job resurrecting this from the ashes of Comms and Redstone. He did an interview a couple of years back showing a good forward vision for the company and saying he wanted to turn it into a £5 a share co, a tall order but you never know if we can get some momentum going, I may even break even one day

Oldtramp, yeah I think the board have moved quickly and seen the opportunities this pandemic has created to adapt their products and it looks like they could be taking full advantage of a new attitude towards the workplace/home working. I also like the diverse products/services the company has to offer meaning they are not a ‘one trick pony’ As horrific as the current global situation is there will be many success stories unfolding, hopefully Smartspace will be up there

I’m the same as you 4PS. Ive been here for years and I foolishly got sucked in by David Breith and his false promises. Wrote my holding off along time ago but maybe, just maybe, things could be about to turn, still a long way off break even but who knows

Typo

I seem to have had my messages removed, am I not allowed to call the press out?