Plenty of expert advice given already and reckon it needs a few more coats of TO before sanding. I would even suggest diluting it 2 parts TO to 1 part mineral turps and gently wipe the stuff on. You shouldn't be trying to rub it dry as that will just make a mess. Instead the wipe on effect should look slightly moist but not show any obvious rub lines. Too moist and it will cause runs.