The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| ARCH RESOURCES INC | CL A | 03940R107 | 28,983 | 312,490 | SH | SOLE | 312,490 | 0 | 0 | ||
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 | 4,674 | 114,000 | SH | SOLE | 114,000 | 0 | 0 | ||
| CENTERRA GOLD INC | COM | 152006102 | 35,919 | 5,265,676 | SH | SOLE | 5,265,676 | 0 | 0 | ||
| CF INDS HLDGS INC | CALL | 125269900 | 1,379 | 24,700 | SH | Call | SOLE | 24,700 | 0 | 0 | |
| ENETI INC | COM | Y2294C107 | 15,171 | 908,415 | SH | SOLE | 908,415 | 0 | 0 | ||
| FORTUNA SILVER MINES INC | COM | 349915108 | 4,263 | 1,084,781 | SH | SOLE | 1,084,781 | 0 | 0 | ||
| GOLDEN STAR RES LTD CDA | COM | 38119T807 | 24,781 | 10,412,942 | SH | SOLE | 10,412,942 | 0 | 0 | ||
| HARMONY GOLD MINING CO LTD | SPONSORED ADR | 413216300 | 18,939 | 6,012,401 | SH | SOLE | 6,012,401 | 0 | 0 | ||
| HUDBAY MINERALS INC | COM | 443628102 | 24,920 | 4,000,000 | SH | SOLE | 4,000,000 | 0 | 0 | ||
| HYCROFT MINING HOLDING CORP | *W EXP 10/06/202 | 44862P133 | 97 | 277,777 | SH | SOLE | 277,777 | 0 | 0 | ||
| KINROSS GOLD CORP | COM | 496902404 | 20,967 | 3,911,750 | SH | SOLE | 3,911,750 | 0 | 0 | ||
| NOBLE CORP NEW | SHS | G6610J209 | 21,573 | 797,210 | SH | SOLE | 797,210 | 0 | 0 | ||
| OASIS PETROLEUM INC | COM NEW | 674215207 | 45,001 | 452,635 | SH | SOLE | 452,635 | 0 | 0 | ||
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | 12,408 | 1,200,000 | SH | SOLE | 1,200,000 | 0 | 0 | ||
| RAYONIER ADVANCED MATLS INC | COM | 75508B104 | 24,000 | 3,200,000 | SH | SOLE | 3,200,000 | 0 | 0 | ||
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 | 60,771 | 4,924,691 | SH | SOLE | 4,924,691 | 0 | 0 | ||
| TIDEWATER INC NEW | COM | 88642R109 | 9,766 | 809,782 | SH | SOLE | 809,782 | 0 | 0 | ||
| VALARIS LIMITED | CL A | G9460G101 | 20,844 | 597,581 | SH | SOLE | 597,581 | 0 | 0 | ||
| WHITING PETE CORP NEW | COM NEW | 966387508 | 17,523 | 300,000 | SH | SOLE | 300,000 | 0 | 0 | ||