The Vaal supplies Gauteng and can hold more than 100% of its official capacity after good rain. It has been sitting just above the line. This asks whether it holds.
A YES bid at 70c and a NO bid at 26c meet when they add to 100. That pair funds one contract between them.
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This market resolves YES if the Vaal Dam storage level stated in the Department of Water and Sanitation weekly report for the reference week is 100.0% of full supply capacity or higher. It resolves NO in every other case.
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