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Cadiz +29% after judge rules Mojave Desert water project can move forward

  • Cadiz (CDZI) +29.1% premarket after a judge late Friday rejected legal challenges filed against the Cadiz Valley Water Conservation, Recovery and Storage Project, a controversial plan to mine water from a Mojave Desert aquifer and pipe it to cities across southern California.
  • The proposal to pump more than 16B gallons of water from beneath the remote valley was challenged by several environmental groups.
Comments (1)
  • deercreekvols
    , contributor
    Comments (5152) | Send Message
    Environmentalists loss is my gain, in this case.
    5 May, 09:04 AM Reply Like
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