This tool is designed to swage and lubricate bullets in one smooth step. You insert the bullet into the sizing die and pull the handle down. This drives the bullet into the die to size it to the correct dimension without shaving or shearing lead. As you raise the handle up, the sized and lubricated bullet is then ejected from the tool. You are able to regulate the bullet lubricant to a precise amount that you want. This unit also has a depth adjustment, which allows you to seat the bullet into a sizing die only the distance that you want. The frame of the tool also houses the lubricant reservoir. This is all cast into one piece for maximum strength. All bored surfaces have been drilled and reamed in one operation to insure alignment. The Lube-Matic is offered without sizer die or top punch (available separately).