Hi, i am wondering if i can use "cutting oil" as a coolant for my bandsaw.

the product that i have is "tap magic pro tap" i ended up with this product because it was the only thing that i could find in less then a 20 litre pail.

my question is: is this product able to mix with water and if so at what ratio? and will it run through my coolant system on my saw?

the saw is a king canada 7" x 12"

thanks in advance.