Well that went better than expected…

A long way from the finished article but the approach shows promise. I had a think and remembered 'The Squire' which came with the lathe when I bought it. I wondered if he could help…

I dug out some cheapo chinese 3mm HSS milling cutters and ground up a couple of inserts. Not easy and they both ended up a bit under the correct width but they are not too bad.
The job on the lathe…

I've made a bush to hold the new cross feed nut in the 3 jaw for drilling, boring and threading. I could have used the 4 jaw but didn't want to squash the job, plus if I'm making several then this way will be less hassle in the long term.
The idea was to swap from the short insert to the longer one part way through. The shank on 'The Squire' is 6.9mm and the minor thread diameter about 7.4mm, which means I can only have half the 'stick out' that I need to fully cut the thread.
I stopped the job after bottoming out the shorter insert. I've now decided that changing inserts mid-job was a bad idea and I need to make a 'mini squire' that will allow the full thread depth of 'stick out'. I also need to make a proper mandrel handle but turning the countershaft by hand is definitely the way to go.