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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1656  
Subject: Nov 2012 musing Date: 11/2/2012 5:58 AM
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With the moves of the last two days- exits in GUT, OCZ & NRGY, I now have even more cash to work
on deploying. The Trading ac took the bigger hit in Oct. Actually, most of the hit. The others accounts
combined probably dropped less than the Trading ac, and those accounts are more than 83% of the
port.

JF again. Golar announced a new initiative wrt an older LNG tanker- a Floating Liquified Natural
Gas Vessel (FLNGV). The first one is a test case. It might be implemented on all three
older LNG vessels.

http://www.golar.com/index.php?name=seksjon/Stock_Exchange_R...

I'm guessing that means these are no longer candidates for FSRU conversion. It is probably
because ordering an FSRU newbuild is more cost effective than spending the extra money on a
conversion.

Whoa! another move the next day. Drop-down of Golar Grand to GMLP for $265M. I wonder
if that was the reason for the recent GMLP bond offering? The proceeds for that went to repay the
GLNG loan. But will GMLP tap that parent loan facility again to pay for its latest acquisition?
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