Pure Cycle Corporation (NasdaqCM:PCYO) will seek acquisitions. Mark Harding said during the Year ended 2022 Earnings Call, "Not necessarily out of governmental control. I mean once -- the other water provider, so it's very competitive.

So we have 70 different water providers who were all out scouring opportunities for water supplies. And so you have diminishing acquisition opportunities and an increasing number of folks that are looking for those acquisition opportunities. And so we're looking at making sure that we can continue to grow that side of the business through logical acquisitions".