Sagittarius Capital

There's a buyer holding Brazilian Critical Minerals above breakout level. Rare earths are so underrated, especially in situ leachers. This is the only stock in the West fasttracking this secretive Chinese tech towards production. One of a kind. $BCM.ax

Another great chart that shows the valuation gap. In theory it could go 50X, should China put an export ban on it will 100X. $BCM.ax

Brazilian Critical Minerals in the Top 5🔥 $BCM.ax

I've analysed and traded just about every rare earth developer out there over the last years, ASX, US, Singapore, wherever they list. BCM is the one that trades at 6 cents on the dollar of its own NPV, and the one I keep coming back to. The market is pricing a maybe. Here's why it's way more than that. Every rare earth developer in the West digs. Serra Verde, Aclara, Meteoric, Viridis... they mine the clay, haul it, then leach it in a plant. BCM doesn't. It injects magnesium sulphate into the ground, where the magnesium ions swap places with the rare earth ions sitting on the clay surfaces, and pumps the loaded solution out. No pit, no fleet, no tailings dam. That's how China has produced its heavy rare earths for decades, and nobody outside China has done it at commercial scale. The reason BCM can try it and the others don't is geology. Ema's rare earths sit in the lower saprolite directly on fresh ignimbrite, a massive welded volcanic floor. It's the only Brazilian project with the felsic volcanic setting of southwest China's ionic clay belt. The peers sit on weathered granite and alkaline intrusives. You don't run in-ground leaching on a floor you can't trust. Add a location in southeastern Amazonas, remote enough that the state regulator already approved the field trial, and you have the one place in the West where ISR is both technically and politically possible. The BFS puts numbers on it: US$1.47B post-tax NPV, 105% IRR, US$74M Stage 1 capex, six-month payback. Market cap: roughly A$130M. If Ema delivers what the study says, a 10-20x rerate is a straight-line reading of BCM's own numbers. And that's before anyone prices in what it's worth to own the only Western ISR playbook once it's proven. You can see the market starting to work this out. Higher lows for a year, volume building into the move, and of all the rare earth names I've traded across the world, none has performed like this one. Someone is accumulating ahead of the FID. There is one of these in the west. It's priced like there are fifty. @brazil_mineral $BCM.asx