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The Cadiz water scheme: How political juice kept a bad idea alive for years

2015-10-08 08:59:33| Agriculture - Topix.net

It has never been a great idea to count Cadiz entirely out of the race to sell its costly water deal to the public, considering its long history of lining up powerful political friends. Yet it hasn't been a great idea to bet on the company either, since its stock, after spending a few quarters around the turn of the century in the $200+ stratosphere, more recently has been snuggled down in the single-digit cellar.

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