Hello kris3d,
We've looked at the project.
Our workflow was the following:
- adding photos, importing camera calibration data,
- aligning photos at High accuracy (Fix calibration disabled, since you say you do not use it),
- after alignment img_016 is wrongly positioned, so we used Reset photo alignment feature on it (using context menu in the workspace pane), and applied align selected again for this image - photos are positioned goo now,
- optimized photo alignment (this step could be skipped in the Standard edition),
- build geometry.
the project file (with the steps saved as chunks) is available by this
link.