Thanks,
A lot of very useful advice from forum members has enabled me to synthesise a method! I would aim for a good fit to the register (which is surprisingly narrow on the Bormilathe). I will also bore back the existing threads to core diameter plus 20 thou to avoid the situation where the thread depth cut is correct but the crest height interferes with the fit, so thanks to Hopper for that.
It is only cast iron, and as I am effectively chasing existing threads, will keep it as simple as possible by only using only the cross slide to advance tool. If it takes 50 passes cranking by hand, so what I need the exercise!