The short answer is lack of oil. Then you have to dig deeper.
The R numbers are mold numbers. In my expereince they didn't get to mold numbers as high as R8 until K2 or so. K0 were R-1 to R-3.
So without further evidence i would speculate someone has been in the engine and replaced the cam. Possibly with an R8 that was welded and reground, which was done back in the day.
And as others say, the oil jets were at least partially plugged, usually with sillycone. The most common cam failure is a complete plug of one side or the other causing the cam to seize in the cam holder and break in 2. The engine continues to run on 2 cylinders. THough since they are not the 1-4 or 2-3 pair, it is not an ignition problem. Then the owners take the valve caps off and see one side is motionless, causing a sinking feeling.
Kronuso: The appearance of the sharp ridge is common. The pad of the rockerarm doesn't cover the whole lobe. And where it doesn't, the lobe doesn't wear and you get that ridge. Doesn't mean there was any mis-alignmnet though.