Does anyone have experience with Weyerhaeuser permits? These priorities include value enhancing growth opportunities, liability management and opportunistic share repurchase. . I mean, that's generally going to be the approach with the dividend framework to do that annually. Box 280 Ayden, North Carolina 28513 SUBJECT: Air Quality Permit No. Cassie Miller. What was the decision process in terms of not doing a supplemental dividend in the first quarter of '21 and then waiting another full year for the first payment to be in 2022? And then, obviously, over time, we would expect to grow that base dividend as we grow our Timberlands and ENR cash flow. This case, and others like it, highlights the lack of transparency that the administrative agencies engage in when the interests of the state or the bureaucrats(s) are served, as opposed to those of the private individuals who the state is supposed to serve. This is 93% higher than the second quarter and over 140% higher than a year ago. We've got a number of additional projects in the queue that we think can return very good returns, continue to ensure that we have a very cost-effective, efficient mill set and in that, will be some opportunities for increased lumber capacity and production as well. And/or would you need to -- or would you consider additional acquisition opportunities if there are any out there to increase your manufacturing capacity? Please proceed with your question. We ended the quarter with approximately $6 billion of total debt outstanding and strong liquidity, including the cash balance of $787 million and the full $1.5 billion capacity available on our revolver. Can you share some thoughts with us on that? And so, that's certainly something that we're going to continue to look at. However, our average sawlog realizations improved slightly due to marketing and merchandising efforts associated with our operational excellence initiatives. I'm extremely proud of our teams for their continued focus and dedication to achieving our opex goal despite the disruptions caused by the pandemic in recent natural disasters. ACCESS INFORMATION • Coos Bay: Coos, Curry and Douglas County property south of Sutherlin is closed to all access Whitney permit, a special use permit may be needed. And what's your ability to take that up going forward? Thanks for taking my questions. Yeah. Newsmax, Moneynews, Newsmax Health, and Independent. The general approach under the new framework is to payout the supplemental dividend annually in Q1 based on the prior year's FAD. Nearly 120 years later, our employees share why they love working at our safe, sustainable and innovative company. And so, that lag effect that you see on the upside oftentimes is a little bit longer than what you see on the downside. Check-in 1 to 14 days in advance to have the permit emailed. There are no further questions at this time. OSB also very lean, a little bit different dynamic there. You've seen the OSB pricing hold up a little better. Thank you. As a practical matter, there is really no economically feasible way to buy insurance on significant acreage of timberland. We did have some come along volume that came through those programs to date as I mentioned with Dierks and with Millport. I'm not sure what you're hitting out with that. As of this writing, What I would say is, when you think about each individual acre, they were impacted depending on topography, age class, the rate of spread, species. So, in lumber, generally, you're going to be pricing one to three weeks prior to shipment, which -- that's the lag effect that you see between the print and the delivered realizations. So, on balance, that's how we allocated the cash flow from 2020. 192 talking about this. We wouldn't shut the door on that possibility. This exceeds the previous record EBITDA attained in 2018 by almost 60%. 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