Hi, I'm a noob, looking at how to produce this part on a 3-axis router in the most efficient way:

The best I can come up with is:
But I have literally no idea what I'm doing, so I'm sure there's a better way!

The best I can come up with is:
- Fully machine the bottom side, including the smaller-diameter hole
- Machine an oval cutout into the spoilboard
- Place the base into the cutout, clamp the top of the piece and machine the larger-diameter hole
- Secure with a bolt in the completed bolt-hole, through the spoilboard, remove other clamps, and complete machining of the top side
But I have literally no idea what I'm doing, so I'm sure there's a better way!