Yes, you can say it's all just singular awareness. Though I would prefer to use the term consciousness, awareness then being the focal point of mind's (self-)reflection. Anyway, that "singular awareness" already exists, so no generation of existence takes place. It's not a coincidence that Hinduism defines it as satcitananda (existence-consciousness-bliss aka Brahman), Buddhism talks about tathata (i.e. suchness or "state of being just as it is"), and even Tanakh defines God as "I am" and Jesus just later adds "love". Other than that I completely agree ;)