I think they are so called 'interference' engines, meaning that the pistons will give the valves a bit of a bashing when the cambelt goes.
Not necessarily scrap though, how much are valves thes days for one of these? Not much I bet. In fact I bet you could straighten the valves with a bit of time, a small hammer and a positive attitude. They are made specially soft near to the head as they do need to deform in operation.
Knock 'em back into shape, grind 'em in, better than new.
New full timing kit less than £70.
These are good simple cars that can last, given some attention.
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