Hi, I am a long time lurker of this site, I guess it is about time I posted something...
I headed to a recycle centre last week as I wanted a new (old) crankset. I saw a sorry looking bike covered in grime but decided to leave it there. I went back 3 days later and the poor thing was still there. I couldn't just leave it there sad and lonely. Today I gave it a quick clean and uncovered a fairly nice bike. Some nice running gear, though the shifters/brakes are ready for retirement.
I had never seen a U-Brake before, this one is missing a pad but seems functional. I guess I need a shim or guide on the seat tube to protect the paint, from the brake cable?
I could not find info on this bike online but I think the "K" stands for Kojima. A bike brand from Western Australia. It is also marked INDI on the BB.
Not sure if I will restore it, but I reckon a seat would be a worth while investment.