Sorry you didn't get a reply. I would suggest one of three answers.
1. Forget about trying to convert the magneto, get it rebuilt instead and time it by the manual. I'm assuming it's a Lucas K2F?
2. Forget about trying to convert the magneto, find a replacement that works, make sure it rotates in the correct direction, clock-wise from the drive end.
3. Forget about trying to convert the magneto, buy a replacement points drive assembly, e.g.:
http://www.norbsa02.freeuk.com/goffypazon.htmYou can probably source something like this a little nearer to home.
A.