This is a barn find (ebay) I picked up a month back for $30.00. After many people on the Kawasaki Riders Forum helping, it has finally been identified !
I could have sworn it was a Kawasaki J1M or G1M (wishful thinking)It is a Daytona (Taiwan)125 Road bike imported into Australia and sold by car racer Bob Jane in 1972. Engine is Kawa c2 120 copy. (thanks ZED900, MURN & Facthunt for the detective work).
Think I'll do some 'practice' restoration on it, Let the kids have a ride, then stick it back on eBay.