Duxton Water Ltd. (AU:D2O) has released an update.
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Duxton Water Limited, an investor in Australian water entitlements, reported a stable value for major water entitlements in the southern Murray Darling Basin, with an approximate 3.3% increase since July 2024. Recent government activities include evaluating water entitlement tenders and opening expressions of interest to inform the 2025 voluntary water purchase program, amid a backdrop of dry conditions and the possibility of a weak La Niña event. The company remains focused on water security, actively engaging with irrigators for leases commencing in 2025.
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