Thanks for reply, sorry for delay, family life and such...
When hard wired, dropouts are coming initially in the first few seconds of a track, in cases where I start a new playlist or album. After that it seems almost random i.e. it might go 5 mins or 10 mins and then dropout at any point during a track. The dropouts can last few quite a few seconds in some instances, it is not a what I would call a stutter. This is happening regardless of files size and I have tried with CD rips, 24/96 and 24/192 in both WAV and Flac format.
Output device in this case is USB out to an IFi iLink spdif converter (I have the powered from a separate USB hub). This then goes coax to a chord mojo.
Buffer settings, I have tried most of the options in MC - under "Audio / Settings" I tried prebuffering 6,10 seconds, memory play. Under "Audio device" I have also tried doubling up the default buffer value. Hope that is clear.
In the meantime I will try it USB direct to the Mojo and make sure it replicates.