The lobbying against the outrageous royalties will press on,...

The lobbying against the outrageous royalties will press on, with or without Nick at the helm, driven by far bigger and more powerful miners and influential figures. This isn’t an issue isolated to BCB alone. More crucially, these royalties are neither something the company can control immediately nor do they prevent mining from being profitable, as evidenced by other companies in Queensland that continue to return profits.
So let's focus on the elements that are under the company's control: restructuring BCB's debt and optimizing operations.

As for your remark about Robert running other people's investment "near zero", it's not only another distraction from the company's dismal performance, but it can just as easily be applied to Nick. The key difference? Robert’s losses represent only a fraction of his investors' funds (I'm assuming he cannot invest more than 20% in a single stock), whereas it is actually Nick who bears responsibility for the near-total destruction of his shareholders' investments.