If Peru is pumping out 1k oz pm now rising to 2k oz pm by end of...

If Peru is pumping out 1k oz pm now rising to 2k oz pm by end of year @$800/oz or thereabouts it is a way undervalued milking cow.
They had the flood to deal with. They should be reporting Peru on track around about now. The lack of news is allowing sp to wallow in depression at around 4c. As you say, people are worried in absence of news.

Brazil is irrelevant. The sale was for $1. Nothing to stop them just shutting it down and walking away.