Am I correct, in that you're talking about this RAM product, the 346U:

RAM® Offset Reservoir Cover Ball Base
The RAM-B-346U base fits cleanly over your existing brake/clutch reservoir cover with the B size 1" rubber ball offset. Made of die cast aluminum with an overmolded rubber ball, both form and function are unsurpassed. Installation is simple and all necessary hardware is included. The mount is...

If so, I have these words of advice, based on my reading but no personal experience (because when I had my two 650 Burgers, I was fortunate to have ordered the now-defunct MCL replacement reservoir covers):
1) Don't use the spacers that come with it.
I learned this only a few years ago: those spacers are only for some (BMW?) models that have recessed screw holes. By not using the spacers -- i.e., by placing that RAM cover directly on top of the stock cover -- you don't put the kind of sideways stress on the cover screws, the stress that would be present if the spacers were used.
You might want to read through this thread (which jumps from 2009 to 2021) for some background:

RAM side ball reservoir mount problem
I have just discovered a significant problem with my RAM side ball reservoir cap mount installed on my 650 (K6 standard). I went to attach my Aqua Box for a two day trip last Friday and noticed that the screw closest to the RAM ball looked lose. I soon discovered that the screw was not just...
2) Keep it light, in terms of whatever you mount.
This point is just a corollary of the first point.
3) I don't know about the Loctite.
As I say, I've never used this particular RAM mount, and didn't use any threadlocker on my MCL screws. If you do, keep it to medium grade, at most, because taking the cover(s) off of brake reservoirs is an item of routine maintenance, i.e., periodic brake-flushing.
4) Regarding mounting phones (which is what I assume you'll be doing with the XL Phone Holder), you may not want to risk mounting a late-model iPhone (or perhaps some Android phones) without using a special purpose vibration-dampening mount.
I have a post from 2021 that discusses this a bit, with links to a warning from Apple and a brief discussion in RideApart:

Howdy from San Antonio
Found a 2022 Burgman 200 at a local dealer last weekend. Went in to get a look at a Honda ADV 150, but they had already sold the two they had. So I was walking around the showroom and there it was... matte blue perfection. Found someone and told them I was taking it home. Been out on it a couple...
If this applies to you, the companies that I'm aware of that have motorcycle-oriented anti-vibration mounts are:
- Hondo Garage: hondogarage.com/collections/phone-mounting-systems-motorcycle
- Quad Lock: www.quadlockcase.com/collections/shop-motorcycle
- Peak Design: www.peakdesign.com/collections/mobile#addon-sub
- SP Connect: sp-connect.com/collections/mounts