So far, all I've done is go over it to see what's what. Badly neglected , yes, frozen hulk, no. There are some nice components on it, and some mismatched ones. The brake levers are Ritchey Logic MTB levers, and don't suit the bike at all. the DT shifters are Shimano, and although the FD controls seems reasonable, the RD shifting seems concentrated in a very narrow band of movement which works ok-ish low to high, but is very difficult high to low, goes from the 1st to the 4th sprocket almost immediately. Givne that all the shifters are Suntour, it might need Suntour DT levers.
It's been subject to a bad rattle can spray job. Simple things like brake block adjustment have been done as if by guesswork.
Good bits: Suntour drivetrain seems nice but needs serious cleaning. Cranks are mismatched. Lovely Stronglight 50-36t chainset up front, another of those wacky wide range 5-speed freewheels out back, 14-34t! Has 531 fork blades. Main tubes, no idea, but there is a partial decal, pictures below. Seat post and stem move freely (phew!).
Bad bits: paint job; rear axle has a little eccentricity; headset and BB need stripping and rebuilding, both jobs that I don't as yet possess the tools for. Needs new tyres, 27 x1.25x32mm. I suspect new tubes too. Ratty old bits of sponge grips, already ripped off and replaced from stock.
Chain fitted was a cheapo 10-speed! No wonder the shifting was carp...Needs recabling, plainly. Bars are steel, will find similar alloy ones or cannibalise the Peugeot. I may do that anyhow, then donate the frame to my favourite bike recyclers. Saddle is on its last legs. QR skewers are both seized, can replace fron from stock, but don't have a 120mm rear...
OK, more pics...