I know what he was trying to do - he was trying to move where he was making the hole so moving it was kind of pointless since the punch was just going to go into the same hole and move the base. And no, it wasn't in a hardy hole. It was just moving all over. If he didn't care where he was failing to make the hole it wouldn't have made sense to even try to move the die. You could see the punch going into the old hole even as he moved it over and just shift the whole thing.

The WD40 is just going to flash off as well, there probably would have been better lubricants even used motor oil. Just seemed like a sloppy bit of work for what was such a lauded blacksmith.