Hi Rusty,
Yes, that helps and I do appreciate your taking the time and effort to help out.
I have had another look today at the chain guard. See picture. You cannot see all of the damage as the paint was entirely scrapped off of the chain guard, but you can see where it has started to damage it to that extent. It is something I will just remove, clean down and have a go at it with some black paint.
If you look at the second picture, you can actually see where the chain guard is rubbing against. Its the down bar next to the passenger foot peg to the far left hand side. Unfortunately I cannot get in with the camera to take a picture, but the paint is scrapped off of the inside of this section. Something else I will sort out myself.
On an unrelated note, Rusty, have you managed to open your oval tool box? I unlocked it with my key, but for the life of me I cannot get to what is suppose to be a set of tools that came with this bike. I feel silly for bringing this up even but at this point, I rather ask than yank too hard and end up with some real damage. Upon unlocking the darn thing I cannot figure out what or where I am suppose to pull/push/poke or prod.
Cheers...