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It's a single ball that locates the drive gear on the shaft.It commonly escapes and runs for freedom when disturbed.
Can you turn the cable inner piece at the speedometer? Maybe you can feel or hear it slipping somewhere and track where it apparently is slipping.Pull the drive gear out of the top of the transmission and inspect it. Verify that it is OK where it engages the cable.Odd.
I doubt you would be able to turn it, it's a gear and worm, to much of a ratio change
I realized somehow the speedo cable is not the lemans 1 one, neither is the tach cable. I just ordered a set from mg. I bolted my speedo to a c-stand (a piece of film gear that does everything, everyone should have one). no idea how I installed the wrong cables, but oh well. anywho, with the bike on its centertand and the speedo in a stand with no kinks on the cable, the needle moved smoothly and past 40 easily. i didn't want to go any further than that with the bike just on its center stand. once I get the new cables ill try it out. at least I know how to check for and replace that steel ball in the trans. if I have to, ill do it over the winter