no ta for ba! fool!, page-105

Here you go Emperor Rule303!

To follow on with the discussion concerning Golar, it makes no sense for Golar to be trading LNG. If you go back and read their announcement concerning LNG HOA :

http://www.golarlng.com/index.php?name=seksjon/Stock_Exchange_Releases/Press_Releases.html&pressrelease=1292095.html

They flagged their intention early that they would try to avoid raising new equity to fund this project:

"Delivery of the LNG will utilize up to two of Golar's existing LNG Carriers. Golar anticipates that, in addition to financing to be raised at the project level, it will also be able to raise financing in connection with the offtake arrangements and thereby limit the requirement for new equity that may be required by Golar LNG."

The transfer was for the SPP amount of $1.25, clearly it was a pre-arranged transaction either to a fund or to Toyota as part of their HOA or whom ever. And it was done at the most opportune time (i.e. when LNG was in a good financial position and at a time when the project was progressing very nicely)and ultimately has had little effect on the SP.

I cant see how it signals Golar intention to trade LNG or more importantly sell out of the LNG project - possibly the reason for Rule's frustration at post!