Pro lock LT612 padlock jig

Hello all,
Has anyone used this tool and if so can you give a brief description
of the tools use. It looks like there is a drill guide for the side
of the padlock what are you aiming for the shackle retainer ? and if
so would the padlock need to be in the open position to pull the
shackle because of the ball bearings ?
Thanks in advance
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Padlock Drill Jig
Remarkable drill jig securely clamps rekeyable padlocks to drill for the retainer screw or pin. After cylinder is removed and serviced, padlock can be reused by tapping and inserting the screw in the hole.
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