Intrepid Mines chief executive Bradley Gordon is confident that Indonesian media mogul Surya Paloh will be able resolve a continuing dispute for the gold and copper miner.
Intrepid has given around five per cent of its shares to Mr Paloh, with options to take a greater stake in the company if the prominent political figure can help boost the share price.
But in a worst-case scenario, Intrepid says it could take up to two to three years to resolve joint-venture problems and legal issues at its Indonesian operations.
Mr Paloh's involvement comes after Intrepid posted a first half loss of $US31.97 million ($A30.86 million) in July.
During that month 660 company workers and seven expatriates were ordered from Intrepid's Tujuh Bukit gold-silver-copper project in Indonesia.
This followed a major breakdown in relations with Intrepid's minor Indonesian joint venture partner, Indo Multi Niaga.
Mr Gordon said the relationship with Surya had developed over several months.
"It's his intention to try and get some normality back," Mr Gordon told reporters at the Diggers and Dealers conference in Kalgoorlie on Tuesday.
"The only way we're going to resolve this is if the relationship returns to normal and the drill rigs are turning.
"But it's difficult to negotiate from a position where we don't know who we're dealing with, officially."
However, Mr Gordon is confident that the matter can be resolved through arbitration.
"With Surya Paloh on our side and with the right message being sent to the government and the community, we would be confident of any Indonesian decision," he said.
The company is not spending any of its $125 million in cash while it waits for Ramadan to finish and for meaningful negotiations to commence.
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