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according to the bloke above in that link I posted, its just a matter of mixing it, letting it sit, then straining it. Just have to mix it in advance, leave it for a day ???? or is their something I'm missing. Where are dollars lost in doing that ?
You really need to leave it sit for a fer weeks to a month to settle out properly then strain off the top section two or three times preferably through blotting paper or coffee filter rather than rag. You will eventually end up with around half of the mix you stated with as the rest is degraded and not really much good. The time taken can be many hours for as little as 500 ml. Even if you can buy it at full wholesale it is false economy because in time and wastage it will probably cost you in real terms more than buying the premixed dewaxed white or dewaxed flake stuff.