This can contains about 2 ounces of the old standard black powder lube of 50/50 beeswax and beef tallow. It is enough for roughly 200 rounds of paper cartridges, if you keep the lube hot while you dip.
If you heat the lube, then remove it from the heat to dip, you will not get half that. We suggest buying a cup heater, available on Amazon, or right here at Star & Bullock Hardware.