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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRDN GOLD ETF TRUST PHYSCL GOLD SHS 00326A104   12,546,710 683,000 SH   SOLE   683,000 0 0
ALLEGIANT TRAVEL CO COM 01748X102   14,459,060 114,500 SH   SOLE   114,500 0 0
ANTERO RESOURCES CORP COM 03674X106   7,035,665 305,500 SH   SOLE   305,500 0 0
COSTCO WHSL CORP NEW COM 22160K105   1,265,193 2,350 SH   SOLE   2,350 0 0
EQT CORP COM 26884L109   8,143,740 198,000 SH   SOLE   198,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   31,400,700 85,000 SH Put SOLE   0 0 0
NEXGEN ENERGY LTD COM 65340P106   7,691,430 1,633,000 SH   SOLE   1,633,000 0 0
NOBLE CORP PLC ORD SHS A G65431127   8,489,205 205,500 SH   SOLE   205,500 0 0
PRECISION DRILLING CORP COM NEW 74022D407   8,506,875 174,500 SH   SOLE   174,500 0 0
SEADRILL 2021 LTD COM G7997W102   8,740,986 211,800 SH   SOLE   211,800 0 0
SITIO ROYALTIES CORP CLASS A COM 82983N108   11,768,960 448,000 SH   SOLE   448,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   19,947,600 45,000 SH Put SOLE   0 0 0
SPROTT FDS TR JUNIOR URANIUM 85208P808   1,854,360 108,000 SH   SOLE   108,000 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104   5,371,200 360,000 SH   SOLE   360,000 0 0
TRIPLE FLAG PRECIOUS METAL COM 89679M104   4,547,400 330,000 SH   SOLE   330,000 0 0
VISTA OUTDOOR INC COM 928377100   8,301,000 300,000 SH   SOLE   300,000 0 0