First post ever on HC C30 i too have been in for the long haul...

First post ever on HC
C30 i too have been in for the long haul as a lot of people i know have
Question is and it has probably been asked before
What is wrong with these people?

They have a lot of ore and yet right along side there is a major mine being constructed -- same ore body different lease -- infrastructure is being constructed at fortescue to enable power supply, preston point is doing the shipping
Palmer holds the majority and yet seem content to watch this slide down the chute
He also holds the adjacent lease and yet does nothing with it instead of incorperating or at least offering it with the potential to make it more attractive to prospective customers.

He "loans" what is basicaly his own company 3m to keep their head out of water and then sits back and watches

The most frustrating part is this has the potential to be another FMG and yet seems to lack drive from the top

Am i missing something here?