Ann: BEYONDIE UPDATE - PROCESS DESIGN VALIDATED, page-25

SO4: Salt Lake Potash.

The differences between that one and this one are summarised as:

	SO4	KLL
1	Management didn't know what they were doing	Management do know what they're doing
2	Therefore didn't realise they had no chance of delivering to their timeline	Realised very quickly when they were in trouble
3	Kept announcing progress when there was none	Owned up to the the problems
4	Thought that doubling down on determination could influence reality	Developed a plan to solve the problems that accommodated reality
5	Only stopped when the creditors and ASIC stepped in and stopped it	Have a good chance of succeeding if they can get through a twelve-month long cash deficit

That pretty much covers it, doesn't it?