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
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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
Anglo American Plc - ADR COM 03485P300   8,742 528,846 SH   SOLE   458,676 0 70,170
Apple Inc. COM 037833100   14,866 90,150 SH   SOLE   65,227 0 24,923
Apple Inc. COM 037833100   662 4,012 SH   OTR 1 4,012 0 0
Applied Materials COM 038222105   19,376 157,743 SH   SOLE   119,204 0 38,539
Applied Materials COM 038222105   1,024 8,333 SH   OTR 1 8,333 0 0
AT&T Inc. COM 00206R102   18,282 949,728 SH   SOLE   708,539 0 241,189
AT&T Inc. COM 00206R102   318 16,500 SH   OTR 1 16,500 0 0
Bunge LTD COM G16962105   35,969 376,565 SH   SOLE   285,230 0 91,335
Bunge LTD COM G16962105   1,243 13,010 SH   OTR 1 13,010 0 0
Chevron Corporation COM 166764100   9,949 60,974 SH   SOLE   47,777 0 13,197
Chevron Corporation COM 166764100   311 1,905 SH   OTR 1 1,905 0 0
Cisco Systems Inc COM 17275R102   32,693 625,406 SH   SOLE   483,180 0 142,227
Cisco Systems Inc COM 17275R102   1,255 24,000 SH   OTR 1 24,000 0 0
eBay Inc COM 278642103   13,827 311,623 SH   SOLE   239,087 0 72,536
eBay Inc COM 278642103   588 13,250 SH   OTR 1 13,250 0 0
Electronic Arts Inc COM 285512109   5,583 46,354 SH   SOLE   32,630 0 13,724
Electronic Arts Inc COM 285512109   315 2,613 SH   OTR 1 2,613 0 0
Freeport-McMoran Inc COM 35671D857   8,962 219,064 SH   SOLE   161,071 0 57,993
Freeport-McMoran Inc COM 35671D857   575 14,060 SH   OTR 1 14,060 0 0
Hess Corporation COM 42809h107   5,580 42,162 SH   SOLE   30,998 0 11,164
Hess Corporation COM 42809h107   316 2,387 SH   OTR 1 2,387 0 0
Home Depot Inc COM 437076102   13,760 46,626 SH   SOLE   35,270 0 11,356
Home Depot Inc COM 437076102   544 1,844 SH   OTR 1 1,844 0 0
ISHARES TR RUSSELL 2000 RUSSEL COM 464287630   206 1,500 SH   SOLE   1,500 0 0
Johnson & Johnson COM 478160104   25,047 161,592 SH   SOLE   121,970 0 39,622
Johnson & Johnson COM 478160104   543 3,500 SH   OTR 1 3,500 0 0
Kratos Defense & Security COM 50077B207   12,848 953,094 SH   SOLE   683,146 0 269,948
Kratos Defense & Security COM 50077B207   836 62,000 SH   OTR 1 62,000 0 0
Labor Smart INC COM 50541A108   0 10,000 SH   SOLE   10,000 0 0
MDU Resources Group, Inc. COM 552690109   16,832 552,244 SH   SOLE   427,460 0 124,785
MDU Resources Group, Inc. COM 552690109   766 25,123 SH   OTR 1 25,123 0 0
Medtronic PLC COM G5960L103   15,069 186,909 SH   SOLE   141,620 0 45,289
Medtronic PLC COM G5960L103   669 8,299 SH   OTR 1 8,299 0 0
Meta Platforms, Inc. COM 30303M102   12,219 57,655 SH   SOLE   40,563 0 17,092
Meta Platforms, Inc. COM 30303M102   718 3,389 SH   OTR 1 3,389 0 0
Micron Technology Inc COM 595112103   20,387 337,862 SH   SOLE   262,602 0 75,260
Micron Technology Inc COM 595112103   700 11,599 SH   OTR 1 11,599 0 0
Microsoft COM 594918104   35,674 123,738 SH   SOLE   95,917 0 27,821
Microsoft COM 594918104   1,514 5,250 SH   OTR 1 5,250 0 0
Mosaic Co COM 61945C103   26,978 588,005 SH   SOLE   446,051 0 141,954
Mosaic Co COM 61945C103   816 17,780 SH   OTR 1 17,780 0 0
National Fuel Gas Company COM 636180101   24,882 430,938 SH   SOLE   327,898 0 103,040
National Fuel Gas Company COM 636180101   810 14,020 SH   OTR 1 14,020 0 0
Nokia Corporation COM 654902204   18,397 3,746,767 SH   SOLE   3,292,312 0 454,455
Nokia Corporation COM 654902204   781 159,040 SH   OTR 1 159,040 0 0
Novartis AG-ADR COM 66987V109   33,146 360,288 SH   SOLE   274,352 0 85,935
Novartis AG-ADR COM 66987V109   1,099 11,950 SH   OTR 1 11,950 0 0
Orange - ADR COM 684060106   18,932 1,586,892 SH   SOLE   1,353,868 0 233,023
Orange - ADR COM 684060106   682 57,190 SH   OTR 1 57,190 0 0
Sanofi ADR COM 80105N105   32,731 601,451 SH   SOLE   528,515 0 72,935
Sanofi ADR COM 80105N105   1,288 23,660 SH   OTR 1 23,660 0 0
SPDR Bloomberg Barclays 1-3 Mo COM 78468R663   12,891 140,397 SH   SOLE   85,130 0 55,267
SPDR Gold MiniShares Trust COM 98149E303   2,875 73,500 SH   SOLE   73,500 0 0
Sprott Physical Gold & Silver COM 85208R101   25,390 1,342,681 SH   SOLE   1,023,488 0 319,192
Sprott Physical Gold & Silver COM 85208R101   1,141 60,350 SH   OTR 1 60,350 0 0
Synaptics Inc COM 87157D109   465 4,180 SH   SOLE   1,865 0 2,315
Takeda Pharmaceutical Company COM 874060205   23,724 1,439,542 SH   SOLE   1,118,736 0 320,806
Takeda Pharmaceutical Company COM 874060205   468 28,410 SH   OTR 1 28,410 0 0
Tetra Tech Inc COM 88162G103   26,189 178,267 SH   SOLE   134,019 0 44,249
Tetra Tech Inc COM 88162G103   1,064 7,240 SH   OTR 1 7,240 0 0
UGI Corporation COM 902681105   19,457 559,742 SH   SOLE   429,985 0 129,757
UGI Corporation COM 902681105   755 21,730 SH   OTR 1 21,730 0 0
Unilever PLC - Sponsored ADR COM 904767704   9,838 189,442 SH   SOLE   166,320 0 23,121
Unilever PLC - Sponsored ADR COM 904767704   260 5,000 SH   OTR 1 5,000 0 0
Vodafone Group PLC - SP ADR COM 92857W308   13,820 1,251,834 SH   SOLE   1,103,087 0 148,746
Vodafone Group PLC - SP ADR COM 92857W308   500 45,300 SH   OTR 1 45,300 0 0
Wal-Mart Stores Inc. COM 931142103   13,979 94,802 SH   SOLE   69,222 0 25,580
Wal-Mart Stores Inc. COM 931142103   928 6,292 SH   OTR 1 6,292 0 0
Warner Bros. Discovery Inc. COM 934423104   5,522 365,714 SH   SOLE   291,530 0 74,184
Warner Bros. Discovery Inc. COM 934423104   203 13,471 SH   OTR 1 13,471 0 0