This is a difficult question to answer. If you look at the top 20 then EGA is not the tightest held company on the ASX, on the other hand I hope most holders of EGA are in for the long game. I think a low ball offer might succeed at the retail level, but I doubt Lion would take 35c.
In regards information at AGMs, my experience is a lot of interesting information comes out at these even if management is trying to abide by ASX rules. Take lots of notes
Unlike a lot of gold companies on the ASX I do think EGA's management really want to mine. They may not succeed, but I don't think any failure will be due to a lack of effort or purpose.
EGA Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held