Clean it up and see how much its pushing out, also get a compression test done asap, any garage should be able to do this for you if you are unsure and doesn't take long at all.
If it is ringland damage then unfortunately yeah its gonna cost quite a few pennies
hopefully it wont be that terminal but yea either source a new engine or rebuild yours would be the options *cough* forged *cough*
if your doing everything bar the machining of the block yourself then its a lot cheaper, I should imagine a forged build could be done for around £1k? maybe less...how much would i be looking at to fully forge the engine myself? and whats the advantages? though i wont have the money for that for quiet a while neways!!
if your doing everything bar the machining of the block yourself then its a lot cheaper, I should imagine a forged build could be done for around £1k? maybe less...
advantages? run big boost if you have a turbo that can do it