Myndi mér fyr stundu
mikit orðalag þikkja
of elgrenni unnar
eyrum slíkt at heyra.
Myndi þikkja mér fyr stundu mikit orðalag at heyra eyrum slíkt of unnar elgrenni.
It would have seemed to me a while ago a significant expression if I had heard with my own ears such a thing about the impeller of the elk of the wave [(lit. ‘wave’s elk-impeller’) SHIP > SEAFARER].
[4] heyra eyrum ‘if I had heard with my own ears’: Lit. ‘to hear with ears’. For a similar play on eyru ‘ears’ and heyra ‘hear’, see Sigv Berv 8/3II and SnSt Lv 6/4.