Hello Alan,
the ticking will be caused by the hydraulic lifters.
As Gelbster said - the right oil is a very important point. Most rebuilds that where made by Hartech and german rebuilders use Motul 300V 15W-50. This is an ester based oil with very high HTHS.
It is very important to change this oil once per year, because of the ester base.
15W-50 means also that you have to warm up the engine gently.
Regards, Markus
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