最近大千的气氛有些悲观。虽然大盘的下跌幅度不算大，但是很多个股的下跌幅度却相当可观。这种时候，往往是分批建仓或换仓个股的好机会。但是，选对板块和个股很重要。这里，我分享一个我开始分批建仓的个股，希望能有抛砖引玉的作用。
这个股票就是稀土股MP。MP Materials 是西半球最大的稀土材料生产商。公司拥有西半球唯一一个规模化的稀土开采和加工基地，目前生产的稀土含量约占全球稀土含量的15%。分离的稀土元素是生产磁铁的关键材料，在电动汽车、无人机、国防系统、风力涡轮机和机器人等高科技领域有广泛的应用。这个股票我从它的壳FVAC上市不久就非常看好它，中间有过一些高抛低吸。这次大跌（从50+ 到33+）的一个重要原因是公司周二发布的这条关于发行可转换债券的公告：
On March 23, 2021, MP Materials Corp. (the “Company”) issued a press release made pursuant to Rule 135c under the Securities Act of 1933, as amended (the “Securities Act”), announcing the pricing of a private offering of $600 million aggregate principal amount of its 0.25% Green Convertible Senior Notes due 2026 (the “notes”). The Company has also granted initial purchasers of the notes an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $90 million aggregate principal amount of the notes. The notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act. The full text of the press release is attached as Exhibit 99.1 hereto and incorporated by reference herein.
Concurrently with the pricing of the notes offering, on March 23, 2021, the Company also announced the pricing of its underwritten secondary public offering by certain existing stockholders of the Company of 6.0 million shares of their Company common stock and a 30-day option granted to the underwriters to purchase up to an additional 900,000 shares of common stock from such existing stockholders solely to cover over-allotments at a price to the public of $35.00 per share. The Company has filed a registration statement (including a base prospectus) and a preliminary prospectus supplement with the U.S. Securities and Exchange Commission (“SEC”) for the offering, and the offering is being made only by means of such prospectus supplement and accompanying base prospectus, which together form part of the Company’s effective shelf registration statement on Form S-1 (File No. 333-251239).
采矿业是一个资金密集型的行业，发行可转换债券进行融资并不罕见。比如，中国A股的紫金矿业（601899）就做过类似的操作。值得一提的是，这样的融资对于公司的中长期发展来说绝对是利好：公司能以非常低的成本（０.２５％的利息）融入大量用于扩大再生产的资金，而无需向银行借贷高息的贷款。另外，这次的发行是面向机构投资者。如果发行成功，大量的机构投资将被锁定，这是MP今后的股价能够继续起飞的奠基石。顺便说一下，紫金矿业的股价在可转换债券发行成功后就表现相当出色。在操作上，最好分批买入。毕竟MP目前仍处于快速下跌阶段，股价尚未企稳。YMYD。
