Hi John – been round this loop with my Monroe tiller. Ended up replacing the rings – but don’t forget to gap them halfway down the barrel and make sure the gaps are not lined up when you replace the rings.
However, as its a copper gasket, you could try annealing it and putting it back on the head. Heat the gasket until it is cherry red, then just leave it to cool – do not quench in oil or water. However, if after trying the above you still have absolutely no compression and the valves are working OK, then unfortunately the problem is likely to be rings.
Best of luck
John E-W