I would be very happy if IHL repeats Vulcan success but mining is different from pharma, in mining once you release your feasibility study results for the mine SP can go very high but in pharma that ever would FDA approval which takes years and more complicated process. Also Vulcan has 200 million shares only which allows for the share price to go higher.
if you are looking for the next Vulcan then your best bet would be Euro manganease, the only mine in Europe , used in EV right next to Tesla’s mega factory in Germany but yet to release their feasibility study.
IHL can have great success but it will take time.
IHL Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held