Important Disclosures — Read Before Proceeding

  • This page is a simulation-only RWA diligence module. No live IOU issuance, mining operation, stablecoin issuance, or public investment functionality is enabled.
  • The reported in-place value of $8,378,310,000 is an engineering estimate only. It is NOT a guaranteed market value, financing value, liquidation value, or recoverable reserve value.
  • No financing should be presented as "ready" or "approved" based solely on the engineering appraisal. Title, legal, updated technical review, permitting, and lender acceptance are all required.
  • TROPTIONS is not a licensed mining operator, commodity broker, registered investment adviser, or lender. No investment advice, guaranteed return, or securities offering is made.
  • Lender advance rates against in-place value will be substantially lower — particularly at pre-permit, pre-operator stage.

TROPTIONS — RWA Diligence Package

Pate Prospect

PATE-COAL-001 — Coal / Mineral-Rights RWA Collateral Prospect

Asset Record

Asset ID

PATE-COAL-001

Asset Type

Mineral Rights / Coal Resource / RWA Collateral Prospect

Location

Morgan County, Tennessee

Reported Acreage

~3,790 acres

Appraiser

James T. Weiss, PE, MBA, F. NSPE

Appraisal Year

2020

Update Year

2024

Coal Seams

9 identified seams

Surface Tons (Rex)

1,068,000 (surface mineable)

Underground Tons

139,282,500 (underground mineable)

Reported In-Place Value

$8,378,310,000

Engineering estimate of coal in-place value by James T. Weiss, PE, MBA, F. NSPE (2020), conservatively maintained in 2024 update letter. This is NOT a guaranteed market value, financing value, liquidity value, or sale price. Recoverable value, advance rates, and lender haircuts will differ substantially.

RWA Readiness Score

40/ 100Evidence Received / Early Diligence

Score is based on weighted document categories (Technical 40 pts / Title 25 pts / Permitting 20 pts / Commercial 15 pts). Current uploaded evidence = 40 / 100. Remaining score unlocked as missing documents are submitted and verified.

Technical

40 / 40

Title

0 / 25

Permitting

0 / 20

Commercial

0 / 15

Active Status Flags

Evidence ReceivedTitle PendingTechnical Report PendingPermitting PendingEnvironmental PendingLegal Pending

Multiple statuses can be active simultaneously. FINANCING_READY requires all PENDING flags resolved.

Uploaded Evidence

6 files received
SUBMITTED

Engineering Appraisal (2020)

Reports in-place value of $8,378,310,000; authored by James T. Weiss, PE

2. Pate Summary 2-15-20.pdf

SUBMITTED

2024 Valuation Update Letter

Conservatively maintains 2020 valuation level

1. Update - Pate prospect 8-1-24.pdf

SUBMITTED

Appendix — Legal Description

Recorded legal description of approximately 3,790 acres

3. Pate Appraisal pgs 4-37.pdf

SUBMITTED

Estimated Coal Reserve Tables

Per-seam reserve tables; Rex, underground, and combined figures

3. Pate Appraisal pgs 4-37.pdf

SUBMITTED

Coal Analysis

Quality analysis supporting the appraisal package

3. Pate Appraisal pgs 4-37.pdf

SUBMITTED

General Geology Appendix

Morgan County geology, seam maps, structural notes

3. Pate Appraisal pgs 4-37.pdf

Explore This Package

Current Funding Phase

Phase 1 — Diligence Bridge / Title & Technical Work

The best immediate path is a smaller diligence bridge ($50K–$500K) to fund title work, an updated qualified-person mining report, legal opinion, and permitting review. A larger facility (private mineral lender, operator JV, or royalty/streaming) requires the complete package.

Do not present this asset as "$8.3B ready to borrow against." Present it as a mineral-rights prospect with an engineering appraisal that requires updated title, reserve, permitting, environmental, legal, and lender diligence before financing.

Safety Statement

No live IOU issuance, stablecoin issuance, custody, exchange, mining operation, permitting claim, Aave execution, token buyback, liquidity pool execution, or public investment functionality was enabled by this module. All readiness scores and route assessments are simulation-only.