It's in the hands of the insurers now but the repair company have given two options - a new mast (which is their recommendation) or repair the old. The repair option comes in at about £1200, the new mast option comes in at about £1800.... ouch!!!!
Oh, and that's excluding VAT!
What on earth will the insurers say???
I'm off to Southampton Boat Jumble tomorrow - may be that will cheer me up!