Skipper Chris Nicholson (AUS) told a news conference on Friday that the condition of the boat had built confidence that it could yet be fixed and returned to competition before the 12th edition of offshore racing's toughest event is completed in Gothenburg on June 27.
"We got the boat off the reef in better condition than we thought possible," he
"There are large portions of the deck that can be reused - 70 to 80 per cent - and a lot of other components within the structure.
We'll rebuild our boat just as we rebuild our hopes and dreams."
The aim is to return the boat to the now six-strong fleet in Lisbon ready for the Leg 8 start on June 7.
It's been a rollercoaster few weeks for Nicholson
, who led his
crew to safety through waters on a dark night of November 29-30 and Saturday's third leg departure from Abu Dhabi to Sanya, China promises to be another low point.
"It's really going to hit hard tomorrow night, not necessarily on the start gun tomorrow when the boats start (1000 UTC) but tomorrow night.
That's when you always know you're back in an ocean race - the first night," he