Well good news and bad news. Good news is that I rebuilt the carb and reset the floats which were almost all the way at the bottom of the bowl. Choke on and it fired up second kick, at which point it wanted to rev its nuts off and I noticed a big puffs of smoke coming from the barrel! Base gasket had gone.
Took the thing to bits for a closer look and found the piston to have a wee bit of scoring, but worst of all the barrel has a nick out of the nikasil above the exhaust port. Ah well, spoke to langcourts today and i'll be sending the barrel in for a replate and will have to buy a top end kit and piston . Im not majorly bothered because the bike was so cheap... to be honest Im more bothered I dont get to ride it before the new year! I cracked on with replacing the fork seals and oil, air filter, grips etc. Oh and removing the speedo etc as it wont be on the road. So its all back together and literally waiting for a top end. At least it looks a bit like a bike.
DSC_2313 by Jack Ledingham, on Flickr
DSC_2312 by Jack Ledingham, on Flickr
DSC_2315 by Jack Ledingham, on Flickr