I take it from what Jacob says, the job is to be done with the tool at hand, a 24 mm drill, to drill 26 mm. Resharpen with the point 1 mm off centre. The piece will need to be clamped in a vice, and the vice allowed to float.
Or, use the drill as a boring bar in the lathe, first drill 24 mm. Maybe no lathe.
Ian S C
Edited By Ian S C on 05/03/2015 08:44:44