caerus mineral resources plc shares fell on tuesday after the company said it has agreed to terminate its troulli joint venture with bezant resources plc in cyprus shares at 1049 gmt were down 045 pence or 96 at 425 pence the exploration and resource development said that it has recorded a credit loss of 303000 pounds 344178 in the first half of 2022 due to bezant not having contributed its proportion of troulli jv funding caerus should have received at least 500000 from bezant it added the agreement made by the previous board didnt benefit the company caerus said whilst this may seem to be a setback i see the jv termination as a positive development for caerus shareholders as it enables us to reclaim 100 of troulli and the other projects in the joint venture chairman chris lambert said