RE:RE:RE:DOE target/email from CEO...I agree - the organic backlog AND pipeline are so robust I'd be surprised to see them go out and acquire anything.
I imagine these comments might be for a few years out (2024+) once UGE becomes a cash flow machine - at that point it starts to become a question between project/company acquisition vs capital return (either dividends or buybacks) - as we know the organic growth requires little to zero equity capital (each project has a positive working capital position given debt funding up front).