Should I scrap my MK1 MX-5??

Hi, I need some help in deciding what to do with my 1994 MX-5 1.8 - Failed MOT.

Mechanically sound, starts up fine but failed MOT for rust in the sills. Owned from new. mileage is around 130k miles.
It was assessed by MX-5 restorer in Eastbourne serviced and had uprated parts fitted at the time (coil overs + performance discs and pads) and all fluids changed, however it then failed MOT for rust and the repair job was not economical for me at the time. It has been garaged since and one tyre has gone flat that also needs changing. I tried to list it as a project car on autotrader but received no interest. I am now thinking to scrap it, but every time i see it in the driveway I cannot help but think someone with a bit of metal work skills who could fix the car would be able to keep it alive and enjoy it!

Thanks again for all the responses. To answer some of the questions - the invoice for a full and proper repair of all the rust work required was in the region of £6k from memory...though it is a job that someone with the appropriate skills could obviously do themselves (which is not me)...am looking into the kit car options that come with a chassis and loved the DBR1 lookalike Replicar, but it seems MEV sold on the rights before the latest owners took over and I am not sure if it is still available anywhere. Will keep posted on eventual route. Thanks again for all the helpful inputs.