The plan was to make it flush with the end of the cam gear shaft.
It is now bonded to the gear and the endfloat when measured on the engine is 0.05mm (with some of the float taken up with the lube) The tolerances are 0.02mm to 0.1mm.
I think its a Quaife gear but I can't find an adjustable version "on line" so don't know why the shaft is not right.
We tried to fit it in a combination of ways and this mod is the only solution that seemed to be right.
The previous owner had to grind down the bumps for the water pump bolts as they would contact the cam gear adjuster bolts. 3 of the bumps were ground down enough to break through.
minor repair attempted.