I made a lube almost the same as yours ,I still use some for leather treatment and mixed some with linseed oil as a stock polish .
The point of bees wax in bp lube is to keep the lube at the same consistancy and stop it melting and contaminating the powder , I have 6 patched round ball rifles- and wont use bees wax in them because it clags up the bore , I did use it on cartridge rifles for lubing both the bullet and the wads with a lot of cleaning between shots , and use it for lubing wads for my 3 ml shotguns . Beer mats soaked in melted lube make fine over powder cards and when stacked up make great shotgun wads .
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