Good Evening Reader,
Get ready to dive into an investment opportunity that's making waves! Cadiz, Inc. is making a splash with its stock, boasting a float of under 40M shares and riding the momentum of the 20-day moving average while teasing the 50-day moving average this month. But it's not just about numbers—it's about impact. Cadiz is revolutionizing water solutions, ensuring safe, reliable, and affordable access to this vital resource for everyone. They're not just a company; they're champions of water equity, forging partnerships to bring clean water to communities through innovative supply, storage, pipeline, and treatment solutions. Dive in with Cadiz, where financial success meets environmental stewardship!
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Get ready to ride the wave of change with Cadiz! Our mission? To revolutionize access to safe, reliable water through groundbreaking partnerships between private innovation and public agencies. Join us in tackling today's water challenges head-on with unique solutions, ensuring clean, affordable water for all. Don't miss the chance to dive in at the market open!
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Cadiz, Inc.
In summary, (Nasdaq: CDZI) stands out as a leading provider of water solutions, boasting a distinct blend of land, water, pipeline, and cutting-edge filtration technology assets situated in Southern California, strategically positioned between key water systems servicing the Southwest U.S. Our asset portfolio comprises 2.5 million acre-feet of water supply (permits finalized), 220 miles of established buried pipeline, 1 million acre-feet of groundwater storage capacity, and adaptable, scalable, and economical water filtration technology. We're committed to delivering top-notch products and services to public water systems, government entities, and commercial clientele alike.
Most Notable Catalysts for CDZI:
● Cadiz Inc. manages a portfolio of water assets exceeding $5 billion, striving to become the largest water trading bank in the southwestern United States.
● Core to Cadiz Inc.'s operations is its ownership of an extensive aquifer system in the eastern Mojave Desert, estimated to contain 30 to 50 million acre-feet of water, more than double the capacity of Lake Mead.
● In Q1 2024, Cadiz Inc. secured agreements with multiple public water systems to purchase 15,000 acre-feet per year of water supply through the Northern Pipeline, representing 60% of its full capacity.
● Cadiz Inc. filed a patent application for its nitrate
removal treatment process in 2023 and plans to file for another constituent in 2024.
● In Q4 2022, Cadiz Inc. completed the acquisition of ATEC Systems, Inc.'s assets, now operating as ATEC Water Systems, LLC, offering innovative water filtration solutions.
● In March 2023, ATEC Water Systems, LLC secured a $10 million contract for the Vineyard Wellfield Groundwater Polishing Project, expected to be completed in 2024.
● Cadiz Inc. holds agreements for the use of the Northern Pipeline for conveyance, storage, and supply to underserved communities, planning to file for a new FLPMA ROW with the BLM in 2024.
● In April, Cadiz Inc. and Fenner Gap Mutual Water
Company signed a water supply agreement with Solstra Communities California LLC for the delivery of 1,275 acre-feet per year of water from the Cadiz Water Supply and Storage Project.
● Cadiz Inc. expects final development of the Northern Pipeline conversion project in 2024, with construction beginning in 2025 and water delivery commencing as early as 2026.
