Depends on the grind. Some cams have an area that closes up the gap before opening the valves. This reduces the tappet noise.
After running the engine for a while, go back and check the gap.
Two quick comments! That looks like an early B engine without counterweights on the crank. Good to see it is RHD.
Now drive the wheels off it.
Hope you have better luck with that head gasket than a lot of people. https://www.fordbarn.com/forum/showthread.php?t=354197&highlight=Premium+Head+Gasket