Just do what I presume you have been taught to do and go-round enter the hold and try again. Change to the NDB RWY 34 (if it exists).
The MDA of 2440’ can only be used for the runway aligned approach. If you can’t land for whatever reason (as in the AIP) conduct a missed approach.
You could change your mind and circle at any time before 2570’ but not recommended in bad weather. Brief yourself prior and stick with the plan. I know commercial pressures are real, especially when you’re starting out. But they slowly fade away as you wise up over the years. Waste as much time as you need to land safely. It’s still quicker than filling out an ATSB report – if you’re still alive to do it that is.
Enjoy the IR as it means you are now a professional pilot.