NORTHERN DYNASTY MINERALS LT

Ticker: NAK CUSIP: 66510M204 Class: Equities

Old West Investment Management, LLC's Holding History (CIK: 0001549358)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 10,000 Value ($000) $5 Avg Close $0.64 Range $0.46 - $0.95

Q2 2019

Shares 10,000 Value ($000) $6 Avg Close $0.52 Range $0.41 - $0.66

Q1 2019

Shares 10,000 Value ($000) $6 Avg Close $0.78 Range $0.57 - $1.12

Q4 2018

Shares 20,000 Value ($000) $11 Avg Close $0.60 Range $0.43 - $0.84

Q3 2018

Shares 67,865 Value ($000) $38 Avg Close $0.54 Range $0.48 - $0.68

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	10,000	$5	$0.64	$0.46 - $0.95
Q2 2019	10,000	$6	$0.52	$0.41 - $0.66
Q1 2019	10,000	$6	$0.78	$0.57 - $1.12
Q4 2018	20,000	$11	$0.60	$0.43 - $0.84
Q3 2018	67,865	$38	$0.54	$0.48 - $0.68