Got an update from Rick last night. Everything is tracking along well, with no nasty surprises at all. The quality of the boat really shows - everything was the best of the best, and so it has all held up well.
The spars were in fantastic order, only a little bit of soft wood at the top of the mizzen for which Rick had to scarf in a new piece. The mast bases were in excellent order, and there are no issues with any of the glue joints. They are going to look a million bucks when they are finished.
The decks have been given a thorough going over. Given the generally good state of the caulking and decks overall we made the decision not to refasten the whole of the decks at this time. Rick and his team have gone around and reefed out any caulking that is remotely suspicious and replaced it, fixed up plugs where necessary, and pulled random fasteners - which have all been in good condition.
They ripped into the rotten wood in the cockpit seating, which has termites. It's a little worse than we thought, but no major. Purely a result of previous refit work done with inferior materials (cheap ply). Rick is going to replace effected areas with solid teak, and we will treat the whole area for termites.
Rick dived on the boat again and is quite optimistic on the state of the hull planking. We have budgeted to completely re-plank the entire outer layer of planking, but Rick now believes that the rot/worm damage is very localised to the waterline and some specific areas, and we may only have to re-plank specific areas. We would still refasten the entire hull, but not having to re-plank the whole hull would save quite a bit of money (which no doubt will be fully consumed in other areas). Fingers crossed.
She may be out of the water in less than two weeks - we wait with baited breath.
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