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certainly sounds like you have a blow fork seal i wouldnt advise riding it mate as oil can get on the tyre and the brakes, if it were me id change...
i know mines not an 1199 but i bought an 1198 standard spec with showa forks,no traction no fancy wheels no quick shifter, and absolutley love it,...
im in cheltenham mate
Hyper pro definitely just fitted one to my track bike, half price of ohlins fully adjustable and fully serviceable. Plus it looks great.