I dont know the MM thread size ---- I remember it was almost identical to 9/6-18........
But I'll suggest an alternate solution----this is what I came up with,--- so I would never lose the wrench to reposition the bit again! Used my new (at the time) lathe to make the handle-- threaded it 9/16-18 and used a piece of all thread and made the plate youre talking about with 9/16-18 threads.
Solved another "lost wrench" problem by making another couple handles to move the compound with out a wrench
If everything seems to be going well, you have obviously overlooked something........