
Working on another Spectrum +2 grey with a number of bad RAM ICs, a bad multiplexor and a bad TR9.

Anyway that is not what confused me.
What confused me was that I was not seeing a good signal on the Z80 M1 pin.
I know that some Z80s have a fault on the M1 signal and hence I guess this is why the Retroleum X-ROM Board has an LED for M1 activity (invaluable test tool by the way

But, even when I replaced the Z80 with a known good CMOS Z80, I still had no M1 activity.
Turned out that D16 had also failed (my multifunction tester thought it was an inductor), so not only was the Z80 not providing an M1 signal but D16 was also pulling M1 high.
So a double fault. Anyway just incase this helps anyone, if you have a Z80 with a known good M1 signal and still see no M1 activity, check D16 and D17.
A Z80 with no M1 but also a faulty D16.
A Z80 with M1 activity and a good D16.