hi fella's, cheers for the help. its now running again, i tried all your suggestions, first i changed the plugs for two old ones, kicked it over and it started, then after a couple of minutes started to die again. so tried re-kicking it but all i got was backfire so i took the pickups out and cleaned the slip ring, did notice a crack in the slip ring (will add photo in a bit), but nowhere near the brass contact points.
while i was there i took the ht leads out of the pickups and the ht lead and pickup closest to the rear wheel had water in where the ht leads fits into the pickup. cleaned and sprayed inside pickup with wd40.
i re-checked the points and pretty much 0.012 in both firing position
i put the plugs back in but this time swapped sides round. kicked it over and now running.
i think the issue is as quite a few people have suggested is dodgy plugs.
and with my bike running too rich on tick over wont help (wrong carb, 376/35). and no choke slide also.
ive also read on here i think, that with the ethanol/petrol petrol mix we are sold, once you flood your bike the plugs are knackerd ?.
anyway off to the shop for more plugs, fingers crossed.
once again, cheers for the help fella's. all the best, chicago
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