The small gear meshing with the lead screw has nothing to do with that stud.
You mesh the small gear with the lead-screw by loosening the nut on the back of the axle hub slider and sliding the gears closer and further away from the lead-screw. Once the little gear is adjusted to mesh with the lead-screw it would stay meshed even if you were able to rotate the plate 360° around the leadscrew.
The stud in the arc only adjusts the big gear meshing with the drive gear.
Adjust the small gear to mesh with the leadscrew first by loosening the bolt on the axle hub nut and sliding it up and down the track in the plate, once that is adjusted, then you rotate the plate up to mesh the big gear with the drive gear and tighten the nut on the stud. See the illustration I just made below.
Wish I still had my mini lathe because I would make a YouTube video on how to do this two step adjustment. I looked and couldn’t find a video that shows the actual adjustment.
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I completely missed that adjustment potential!!!
I’ll give this a try later today.
Thank you so much for that your welcome insight!
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