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That would be VERY incorrect. Many TIMs use an oil suspension fluid as a base which can and often does evaporate over time, thus the term "dry out".No thermal compound or grease, etc "dries out" - it can polymerize and harden
Not every company uses silicone oil as a suspension fluid.Silicone oil is used because it's theoretically more resistant to aging.
Given that actual testing shows good performance, what would your point be?I'd advise you to look for actual facts and numbers to support your discussions.
This copper anti seize for example has a conductivity of 4.68 W/m-K
https://www.aremco.com/news-item/heat-away-640-thermally-conductive-copper-grease-now-available/