The website for sharpshooter 22 lists acetone or alcohol to be used to wet the compound. I use acetone with a little amount of Duco cement added to it. Duco cement is flammable.Someone has reported it to be Gelatin .I had thought it to be Dextrin. Both are used as a binder. I don't think either will work with anything but water. So using it can only degrade the power of the charge.
Black Jack Shellac