I purchased a Danmoto Nano for use on my Gl1100. Here is how I mounted the speedo.
I chose to mount the sensor on the rear wheel so I could hide the sensor and wiring mostly. I decided to mount the sensor on the underside of the swing arm. I have not tested the unit as yet for accuracy, but will report back on my findings.
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The system uses a " Hall effect" set up. Basically a magnet and a sensor used to detect wheel speed.
First I glued the magnet to a stud on the rear wheel brake disk.
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I then measured and fabricated a mounting bracket. The recommended magnet/sensor opening is 3mm.
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I then tapped a hole to mount the bracket on the underside of the swingarm
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Then mounted the bracket and adjusted the sensor to the recommended gap.
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Hooked the wire from the sensor to the wire from the Digital unit.
Set the digital unit to a 16" wheel.
All done!