Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

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<ul><li>PROFERT decision a positive for economics and funding. </li><li>Simpson highlighted Brazil’s recently approved PROFERT legislation as the first major policy action supporting the country’s 2022 National Fertilizer Plan, with potential benefits including tax and duty exemptions on imported construction equipment and materials and preferential financing for fertilizer projects.</li><li>Combined with incentives available through the Amazonas free trade zone, management estimates potential construction cost savings of ~$190 million, while government-backed financing could further reduce the cost of capital.</li></ul>

PROFERT decision a positive for economics and funding. Simpson highlighted Brazil’s recently approved PROFERT legislation as the first major policy action supporting the country’s 2022 National Fertilizer Plan, with potential benefits including tax and duty exemptions on imported construction equipment and materials and preferential financing for fertilizer projects.Combined with incentives available through the Amazonas free trade zone, management estimates potential construction cost savings of ~$190 million, while government-backed financing could further reduce the cost of capital.

GRO: Key Risks Recede as Autazes Moves Toward Construction Financing

Brazil Potash

GRO: Key Risks Recede as Autazes Moves Toward Construction Financing