Agreed, this is not a hand drill and roughly aiming for the center kind of job. In my case, I didn’t have enough meat to grip the remaining stud. I like Radus description of welding a nut on top of the stud. That may be easier. However, I ground the remaining face of the stud flat in order to find the center. I marked the center with a center punch. Using a drill press, I clamped the housing to the (press) table. Also, instead of using a regular drill bit, I used a so called center drill to start the hole. I work my way up, using different size drills. When I came close to the root diameter of the thread, the stud started to fall apart. With a little pick, a tap and some patience I was able to remove the remaining stud material.