Best triggers would be SDV announcement, LCE and related product...

Best triggers would be SDV announcement, LCE and related product prices and the next quarterly activities. I can't imagine that a company with big expansion plans would do any kind of capital return as it is quite expensive to raise capital. The stock is pretty volatile, so a 30-100% return in less than a year is quite possible... the annual report issued by GXY shows that management assumed 70-75% volatility over 5-7 years for the valuation of share appreciation rights issued under their long term incentive plan in 2017. It also assumed zero dividends. It will be a long time before GXY returns money to outside shareholders I think, but the investment case for GXY is not its short term dividend yield.