Emco-Unimat Lathe - Did I just waste R1000

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I have wanted to get into some metalwork but wanted to 'try before I buy' first...

Anyway I picked this one up off Gumtree for R1000. As you can see it needs some bits (like a chuck) and it needs some work....

 

[Crankshaft]

 

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[SeanS]

 

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[chrisc]

 

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[Jozua]

 

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[JohnnyIC]

 

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