Not sure you'd want to use a non-conductive dielectric material on a mod's battery contacts, or for that matter on the threads of a telescopic mod. If I understand my mod theory correctly, the ground current travels through the mod external casing, and if you've got a nice thick coating of dielectric on your telescopic threads, the electrons won't be able to travel from one section to another. Similarly, non-conductive grease on the battery contacts will prevent electron flow through the battery circuit. I don't see anywhere on the Noalox website any statement that Noalox is a dielectric material, but I did find that the major component (according to the MSDS) is polybutene, which has very low electrical conductivity, but I suppose that the other 2 major components (which are zinc dust and silicon dioxide) may alter the conductivity of the final mixture.