Just make sure the oil drips do not get on your tyre. Note also thatthe air whistles up [astthe fender and will tend to draw the oil mist towards it.
In the old days often the oil pipe would be positioned above the gearbox sprocket in order to oil the chain. This is normally fine provided you do not have an exceptionally 'wet/oily' motor. Use some kind of metal pipe for this, to bend into place. Fix it well to make sure it cant fall onto the sprocket.
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