I got to play around with a lube mix today. I put a few carnauba flakes in a round bottom pan top of hot plate, melted enough to lightly cover about 50 bullets..Then i added some Lee liquid alox. I then flipped the bullets around until they were all covered good. Place on wax paper until dry... This mix seemed to dry good overnight or sooner. I didn't stay up all night with a timer.
I liked this mix compared to straight Alox because it seemed to dry harder without the sticky feel. Also no smoke from the straight Carnauba wax flakes as compared to JPW. Very low cost lube, no smoke from the petro in the JPW
I used this on some 45-200 gr cast for the 45 acp.
I don't know the limits of this mix in rifle or high performance pistol boolits. I myself prefer a tougher lube for more high performance rounds. For a quick, inexpensive lube on your 45 acp and other less demanding rounds it is the cats meow.