Dave – you’ll do that in a Boxford – easy.( unless your 4 jaw is unusually small)
Set it up true exactly as Jason has said in the external jaws (tap home firmly with soft face mallet – using a bit of brass shim to prevent marking?), and then if you’re a bit worried about overall stability, centre drill first, and use a running centre.
It will be off centre/out of balance so don’t go mad with the revs when you centre drill, but being ali it’ll centre drill OK.
Hell a Myford will do a little job like that without blinking.
Given that ali likes to spin a bit quicker, you might think about setting it on the face plate (bolt it from behind, and then add some weight to balance. You could then run at a sensible speed with impunity. (They always say you shouldn’t use change wheels for balance weights –
but most people do)
You will get it anodised before use?