Ishapore No1 MKIII* hard closing bolt

[Lucite]

A week or two ago I posted asking about stock markings on this newly acquired Ishapore No1 MKIII*. Now however I was wondering about a possible mechanical issue. Yesterday I made some dummy cartridges with some spent brass I had laying around. I full length sized it and basically made it to spec, all measurements were bang on, that's when the confusion started. I loaded a stripper clip of the dummy cartridges into the rifle and found out one of two things the magazine doesn't ride high enough in the magazine well for the bolt to grab the first cartridge and secondly when you go to close the bolt on the cartridge I found that the bolt has to be fully forward ( kind of a no-brainer) and if it's something like a 1/16" off it locks up and will not close. I assume this could all be explained by my inexperience with the operation of this particular rifles action but is there a chance it could be something more serious?

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