You can't reason with fools, page-5

the mine filled up with water, hardly his fault. he actually kept the whole thing going for a very long time with bad commodity prices and a tricky project that needed some clever funding. one can learn a lot from this and i suspect Mike has. past failure can lead to future success, Andrew Forrest a classic example with anaconda .....yes plough Bass metals has a bad memory for some but if you look more closely into why, sadly it was the fault of the project and not Mike.