Nope, normal on start up is 60 PSI and once warmed up drops to 45 psi. Have the oil pressure checked for a proper reading during start up's when the engine is cold. As for the lifters ticking, that may be a sign that the engine was ran with low oil pressure or no oil and the lifters are damaged, or low oil pressure and the lifters are starved of oil. Try not to drive it and have a proper oil pressure reading, low oil pressure will damage the engine by having the main crank bearing to spin which is a engine replacement. Good luck and keep me posted.
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