A North Island iwi wanting to charge Mighty River Power for storing water in Lake Taupo, reckons it could cut a deal with the electricity company.
The Tuwharetoa Maori Trust Board claims storage of water in the lake infringes its rights as owner of the lake bed.
But the energy company and the Crown disagrees it should have to pay.
Trust board chairman John Bishara says they've been in negotiations with the electricity company for the past nine months and is confident they're set to continue.
"I'm confident, in fact they've been really busy with the sale and I really appreciate that they take the time to continue this negotiation.''