Re: What kind of tap to use
One other thing to consider is that with the form tap, because it pushes the metal out to form the thread, it will leave a burr or rise in the plate on both sides. I use form taps a lot, but they work better when you can chamfer the hole before tapping and for holes that don't go through for the same reason.
You mention removing threading chips, but you will also have drilling chips.
Mike
Two Haas VF-2's, Haas HA5C, Haas HRT-9, Hardinge CHNC 1, Bother HS-300 Wire EDM, BobCAD V23, BobCAD V28