Not too serious if caught early and easy enough to fix, but check the inner skin behind this area as that where it may be coming through, its where all the craps been sat over the years lodged between the filler/breather pipes for the petrol tank,Also whilst youre there prise out the metal circlip from around the rubber filler pipe,and pull the neck downwards and have a prod about above this have seen a few mk2`s start to rot here (top of the filler as you look at the car on the inside it means dropping tank to repair properly)