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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
Estimated average burden
hours per response: 23.8
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
CAMECO CORP COM 13321L108 31,152 3,375,124 SH   SOLE 1 3,375,124 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 3,593 1,921,563 SH   SOLE 1 1,921,563 0 0
SIBANYE STILLWATER SPONSORED ADR 825724206 121,081 23,976,500 SH   SOLE 1 23,976,500 0 0
VEON LTD SPONSORED ADR 91822M106 50,880 13,250,000 SH   SOLE 1 13,250,000 0 0