The alcohol is just a carrier to allow the lanolin to be sprayed. If you read the instructions with most alcohol/lanolin mixes they say to wait 5 minutes.
Why? well to allow the alcohol to evaporate, leaving just lanolin behind.
So this begs the question "Whats the difference between lanolin & lanolin"?
Nothing, nada, bubpkiss, diddly squat.
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Allan Quatermain: “Automatic rifles. Who in God's name has automatic rifles”?
Elderly Hunter: “That's dashed unsporting. Probably Belgium.”