This loop turns the recursive lifecycle of your army into an endless engine of colored mana. With Metallic Mimic set to choose Knights, any incoming Knight naturally enters the battlefield pre-loaded with a +1/+1 counter. You can then feed that creature to Phyrexian Altar to generate mana, triggering Basri's Lieutenant because the sacrificed creature possessed a counter when it died. That death trigger immediately replaces the fallen warrior with a fresh 2/2 Knight token, which the Metallic Mimic immediately beefs up with another counter so the entire sequence can begin anew.