Similarly, I want to dig a hole, 12' wide x 12' long x 5' deep, line it with 2" rigid polystyrene, cover this with 2" of ferro-cement...essentially several layers of wire mesh and cement, probably slope the walls as much as 45 degrees toward the bottom center to help counteract force of ground pushing in add drains, skimmer,etc. and finish like a pool. Wouldn't be very expensive and could use as cool little pond or pool. Thoughts?