It will be interesting how the market reacts to the final...

It will be interesting how the market reacts to the final quarterly. Although there are likely to be few surprises, will this be the reminder that's needed that this company is a cash generation beast?

Current market cap is $2.3 billion - ~$2 billion when the net cash position is considered. At current met coal prices, there is likely to be cash flow well over $1 billion per annum. I think a small dividend would be nice - 5c is $45 million and does not impact SMR's capacity for M&A activity. But it gets SMR on the radar of a new class of investor.