The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
Expires: July 31, 2015
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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
ALCOA CORP COM 013872106 74,854,530 1,435,645 SH SOLE 1,435,645 0 0
AMCOR PLC COM NEW G0250X149 290,906,591 6,710,648 SH SOLE 6,710,648 0 0
ANTERIS TECHNOLOGIES GLOBAL COM 03675P102 76,721,650 7,789,000 SH SOLE 7,789,000 0 0
AYA GOLD & SILVER INC COM 05466C109 39,264,235 2,074,017 SH SOLE 2,074,017 0 0
B2GOLD CORP COM 11777Q209 182,653,798 48,837,914 SH SOLE 48,837,914 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 53,712,070 600,269 SH SOLE 600,269 0 0
CENTERRA GOLD INC COM 152006102 258,967,151 16,337,154 SH SOLE 16,337,154 0 0
CRH PLC ORD G25508105 135,304,389 1,264,527 SH SOLE 1,264,527 0 0
ELDORADO GOLD CORP NEW COM 284902509 448,241,847 14,417,557 SH SOLE 14,417,557 0 0
EQUINOX GOLD CORP COM 29446Y502 262,983,008 27,055,865 SH SOLE 27,055,865 0 0
FERGUSON ENTERPRISES INC COMMON STOCK NEW 31488V107 19,960,402 84,104 SH SOLE 84,104 0 0
HDFC BANK LTD SPONSORED ADS 40415F101 56,683,806 2,194,495 SH SOLE 2,194,495 0 0
HUDBAY MINERALS INC COM 443628102 235,504,782 9,977,133 SH SOLE 9,977,133 0 0
IAMGOLD CORP COM 450913108 23,956,004 1,512,374 SH SOLE 1,512,374 0 0
INTUIT COM 461202103 13,042,692 49,972 SH SOLE 49,972 0 0
ISOENERGY LTD COM NEW 46500E867 27,694,557 2,778,857 SH SOLE 2,778,857 0 0
LITHIUM ARGENTINA AG COM SHS H5012F103 11,329,536 1,369,956 SH SOLE 1,369,956 0 0
NEWS CORP NEW CL B 65249B208 56,004,954 1,995,900 SH SOLE 1,995,900 0 0
NEXGEN ENERGY LTD COM 65340P106 328,727,761 34,992,263 SH SOLE 34,992,263 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 35,194,502 2,634,319 SH SOLE 2,634,319 0 0
OCEANAGOLD CORP COM NEW 675222400 79,125,736 3,157,907 SH SOLE 3,157,907 0 0
SIGMA LITHIUM CORPORATION COM 826599102 9,707,964 767,428 SH SOLE 767,428 0 0
TREKOR METALS LTD COM 89472Y107 238,679,985 34,687,011 SH SOLE 34,687,011 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 15,739,260 499,342 SH SOLE 499,342 0 0