Good onya Trev, saved me taking a few pics
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Just took the covers off the plunger to check a few things. Although it's an SS the valve train is the same as A10GF. At TDC with both valves rocking I can push them down at least another 1mm. At full lift I can get a mm feeler between the coils easily and push the valve at least a mm till it hits the guide. This is with a 357 cam and low comp 7.5:1 pistons.
So it may be a combination of wrong valve springs, dubious valves (too much stem above the collets), collets not seating far enough in the collar and compounded by a higher lift cam. As mentioned the previous cam and follower wear would be attributed to these faults as well.
Oh the joy of working with so called pattern parts.
The way I see it the only way to get back on the road would be as mentioned earlier to machine the valve stem to lift the collets and collar higher say 2 or 3mm.
Cheers
PS: just measured a few old valves. From top of groove (where collets sit) to tip of stem inlet 0.305", exhaust 0.320"