hartley's 12 mth price target 20c

Hi guys,

Hartley's released an update of their research report with an increased 12 month target price of 20 c / share.

In their updated report they considered the benefit of the recent metallurgical results and the resource upgrade.

20c / share is their initial 12 month target price based on the current resource and a production of 50 k oz p.a., so there is a lot of upside if MYG strike some more gold in the current drilling campgain and upgrade the resource, thus allowing for an initial output of more than 75 k oz - 100 k oz p.a.

Here is the link:

http://www.mutinygold.com.au/images/stories/111215_-_Hartleys_Research_Report.pdf