BBX 0.00% 24.0¢ bbx minerals limited

100% ore! Avg 40g/t Au 1km x 200m to EOH all holes, OP mining 2019, page-732

  1. 3,482 Posts.
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    There is a clause that says :

    "Accounts over $500,000 may choose to retain a financial advisor to recommend investment other than those offered by NPT. A different fee schedule may apply."

    I'm not sure exactly what that means. Maybe it allows them to use the NPT as more of holding trust for their BBX investment, or maybe it just means they have more options within the NPT managed/index model portfolio's. Hard to say, but the information at the start of the document suggests assets are liquidated and then reinvested into the donor's chosen investment allocation via the NPT supplied modeled portfolio's and no where does it say the NPT is a holding trust for your assets. It certainly needs clarification to be confident 48.54% of the company is not for sale every time there is enough liquidity to do so.

    https://www.nptrust.org/wp-content/uploads/2018/10/Donor_Guide__NPT_.pdf
    Last edited by Nodferatu: 23/02/19
 
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