Gees its interesting, I asked Nugget about this six months ago, then had to do some research for my tinny.
I now have an agency for the whole range, so let me know if I can help you out. (follett@ ozemail.com.au) ,just a hobby.
Lanolin is excellent for aluiminium boats, stops the corrosion extremely well.Excellent as an anti foul on hulls, and does give you exta glide in the water. Goes on soft, then hardens as it comes in contact with the salt water. For that reason ,dont put it any where near your steering. if you have a push pull type set up.Tends to clag up the mechanism.Superb on radio and aerial components.
I stripped my boat down,pulled out the floor,horror of horrors,salt water corrosion, got the corrosion fixed then covered the inside of the hull to protect from future errosion.
Quick silver boats at Port Douglas had a major corrosion problem where they had missed putting the Lanolin on.
Sure is good stuff
Let me know if you want some supplies
Regards David