Ann: IBG sign new MoU with NFC , page-12

Of course it can be walked away from at any time, it's not even as much of a letter of intent, all it is to do is set out that there is a potential deal/offer on the table which would be beneficial to both parties.

IBG would be within their right to seek an alternative JV and funding partner should they so wish. There are two sides to every coin.

An MoU which is non-binding is a bit like a gentleman's agreement, not necessarily a contract or deal, but something that is said, has intent and should (all things being well and equal) be backed up.

This is certainly a positive announcement, so don't get mixed up here. A bad announcement would be if China Non Ferrous withdrew any interest in Citronen - which this is the exact opposite of.