Yes you can get very close.
these charts are assuming a 1.5 mm lead screw found in most parts of the world most US minis have a 16 tpi screw so the numbers would be different. but the link will help in any case.
http://littlemachineshop.com/Reference/change_gears.php
Change Gear Results
7x10, 7x12, 7x14, 7x16 Mini Lathe - 10 TPI thread pitch
Lathe settings are at the bottom of this page.
A B C D Thread Pitch Percent Error Error in 1" of Thread
55 20 40 65 10.006 TPI 0.061% 0.0006 in
55 65 80 40 10.006 TPI 0.061% 0.0006 in
80 40 55 65 10.006 TPI 0.061% 0.0006 in
Instructions
There are 4 positions for the change gears, commonly called A, B, C, and D.
A This is the top change gear position. When you received your lathe it had a 20-tooth metal gear in this position.
B Gear positions B and C are on the same shaft, between positions A and D. Position B is the inside gear on this shaft. When you received your lathe it had an 80-tooth plastic gear in this position.
C Gear positions B and C are on the same shaft; between positions A and D. Position C is the outside gear on this shaft. When you received your lathe it had a 20-tooth metal gear in this position.
D Position D is the end of the lead screw. When you received your lathe it had an 80-tooth plastic gear in this position.
Info from littlemachinineshop.com
Hope this helps.
Tin