Hi Pete and All, Thanks for the convoluted invite to contribute...

Hi Pete and All,

Thanks for the convoluted invite to contribute a little more, please read through the paragraphs below and let me know if you still think the cat has got my tongue?

A good story such as 360 g p/t Gold told well with say pictures of precious metal beads on lab scales and a flow sheet design for a trial mining plant allowed the management to raise capital around the twenty-cent level. This can later be simply dismissed despite the terrific gold price action lately. Pivot to low grade and “gold tepid.”!!!

Recall each time more money was required to keep the gravy train on track in desperation financial arrangements were made with several different groups and in generally bad for the shareholders. But that was only considered a minor point the main issue being keeping enough cash in the till to cover directors salaries and expenses.

In general, a decent rare earth proposition needs at least 2,000 PPM and in my opinion, clearly the current story is failing to arouse much interest with the wider public. Like the boy that cried wolf so many times the BBX stories are growing less attractive by the day hence the latest C.R. failure.

They can’t find any financial backer foolish enough to take up 93.4% shortfall, funny that with all this good news and an abundant number of true believers around these threads!

For an outfit burning through $6M P. A. little in the coffers I dare say the next installment of this tragic yarn will need to be staggering probably even greater than the 360 g p/t gold fallacy.

They really will need some kind of earth - shattering news if they expect to pull the wool over the eyes of unsuspecting invertors in the future.

Some people here may not like me highlighting the short comings of this Brazilian charade I am fine with that; however, perhaps they would be interested to see what the kindly people over at Far East Capital had to say recently. 04/11/2024.

The elephant in the room is the 339 million option package being issued to Euroz. It is obscenely large. Normally, when shares are issued, the options attach to the shares, but not here. The broker has skimmed off these options for itsown self. Bugger the shareholders! This is broker greed at its worst.

BCM previously raised $2m at 2.3¢ as recently as June. Now it is raising another $3.4m, but at only 1¢. How would those who tipped in money at the higher price be feeling now? Unimpressed would be an understatement.

Brazil Critical Metals - a victim of obscene broker greed.

BrazilCritical Metals - a victim of obscene broker greed - Far East Capital -Listcorp.

The Euro Hartley deal sounded like a desperate effort, one wonders what the next dilution and shareholder loss of value will be.

I agree with most of the Far East Capital article other than BCM being the victim when the true victims here are the long-suffering shareholders.

In the UK these days you can face being jailed for exercising your free speech rights and yet even with the ASX ASIC policing the system brokers and Directors of listed company’s can make out like bandits.

If there was any justice to be had several of the long list of players at BBX BCM would be joining the likes of Sam Bankman-Fried!

By the way if ASX or ASIC are interested I just checked out and found the following:

Australia presently has an extradition relationship with Brazil on a non-treaty basis. Australia is able to extradite to Brazil by way of t he Extradition (Brazil) Regulations (Statutory Rules 1988 No. 299) which apply the Act to Brazil.

I seriously doubt there will be any Tim-Tams at the upcoming AGM!

Cheers.