Current Projects chat and miscellany

I thought I would put on my budget peugeot build. Frame found in a ditch. Only about £100 spent on it so far. New orange cloth bar tape is on its way and I am on the look out for new pedals, but I am super skint! Yeah, the photo was taken before chain adjustments!

Any idea what this frame is? I found one in my friends shed and intend to make it my new project.