Rear 'mudguard' removal - consequences?

[Wildcat]

That long black spacer thingy attachs to the brake caliper, so you have to undo the bolts to get it off. and yes the extra 2 are for the caliper bolts.

If you are getting rid of the plastic spacer I'll have it, I need one.

Hi - many thanks for the info. Good job I didn't resort to brute force! I'd want to refit all the standard stuff if I ever sell the bike, so guess I'll need to keep the spacer.
Presumably Dutchman has stuck ally bungs in the Torx (insert expletive of your choice) socket ends of his caliper bolts? Hopefully the bolts are still in there!

Cheers
Paul