Thanks mate that helps!
Just to clarify, so I have the existing cut line, with new ply installed. What happens to the 60-70mm of fibreglass of the outer section we have left?? Do I taper both ways leaving only 10-20mm of the outer lip that was left after the initial cut??
Furthermore, through investigation it seems that there is ply on the side walls on the lower half of the transom, which is half the thickness of the transom ply. The side walls outer layer thickness of fibreglass is about 10-15mm thick whereas the transom section outer layer of glass is about 5mm at max.
Looking at the pics, You can see the join from the inside where the transom section gets thicker under the splashwell.
I got a bit trigger happy with the drill as I could not tell without looking inside. The ply on the outer wall is slightly "damp", but very sound compared to the ply in the transom. I believe the side wall ply is laminated to the outer piece of the transom ply. Thats my best guess anyways.
Heres some pics. Would this be easier from the inside lol ???? Looks as though If I did it from the inside, I would only need to cut at that join?? I dunno.. lol ! Confusing stuff. Might make a poll haha!! The guys at iboats are saying I am crazy going from the outside.. But so many have succeeded from the outside.