After the Bundle Adjustment step cameras were pointing in opposite direction - cameras were not pointing to my model but away from the model.
This is a super rare issue (one per 1000)... but never the less to solve this issue try to deselect few images and start the Bundle Adjustment calculation again.
In my case I deselected first 15 images, start the BA calculation again and get perfect result:;topic=9.0;attach=18;image