I have a Harbor Freight 9 x 20 lathe. The large pulley on the spindle is out of true. I have one on order along with the threaded black retaining nut (see attachment) and hope to receive it by the end of march.
I would assume that the black retaining nut is removed using the spanner wrench that came with the lathe. I would also assume that to unloosen this nut you must remove the set screw and with the spanner it would have to be turned in the counterclockwise direction.
Is this correct and is there anything that I have to look out for and be cautious of.
Thanks
John