Neil
Is it Kryston Heavy metal that you are using? This stuff is amazing.
If it's the Kryston Heavy Metal then break off a small amount and stretch it and kneed it a bit with your fingertips. There is an ingredient in it that will soften. It will harden again when cooled in water.
The brown and green is for summer use and grey is for winter.
It's best squeezed onto a small swivel if you are using a combi rig. If you are using coated braid then squeeze it on at the point where you strip the coating back to. To help grip then pull the coating back until it concertiners upa bit into a small lump.
You can also 'twiddle' it back and forth along the line to coat the line like paint. This will create a distributed load rather than a point load.
If you are fishing a long hook lenght obn a river say, then you can twiddle a number of small pieces onto the line to weight it down.
Take a look at
THISfor a bit more info.
Hope that helps.