From the announcement on the 26th Feb ''Enova has received firm commitments from investors requesting to exercise options,
thus bolstering its cash balance and remains fully funded to carry out Phase 1
Exploration and Drilling at both POÇOS and its newly optioned CODA tenements.
Option conversion will be conducted at end of each calendar month.''
Not sure what having to be north of 4 cents has to do with it.
Enova Mining - Charting/TA Thead - 3c target then 6.3c, page-1484
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