Thanks for tips
Tried a tc tip - cut but not enjoyed it .
Here is the rest of the project.

Started with a steel bar threaded the end M12 by 1mm to fit the chuck.

Fitted the chuck to the thread.

Then made an arbour cut concentric

Backed the chuck onto the concentric arbour and then machined the spindle to bearing size- drilled and tappen the end for a bearing retention bolt.

I have replaced the bolt with a cheese head as it is smalled since doing the pic.
Now I have got the bore in the mt2 to size but was going to hold the lot together with grub skrews - but this lot wont drill never mind tapping. WOULD Locktite be ok around the bearing outers to hold the lot together???
Gerhard