There are a number of recipes that fall into this category. The basic idea is that you have glycerine, distilled water, olive oil, and then random other items for vitamin or fragrance. So here is the specific recipe I tried:
1/2 cup distilled water
1/2 cup olive oil
1/4 cup glycerin
4 caplets Vitamin E
4 caplets Lechithin
10 drops lavender oil
1/2 cup olive oil
1/4 cup glycerin
4 caplets Vitamin E
4 caplets Lechithin
10 drops lavender oil
This is a recipe that just like the basic Glycerine Lotion Recipe involves very basic ingredients and no heating. In this recipe's case at least you do have some oil in there, which gives the lotion a little (but only a *little*) thickness. The lechithin is supposed to act as an emulsifying agent, to bind the oil and water together.
You mix all ingredients together - which means for the caplets that you cut them open and squeeze the liquid out into the mixture. Be careful when you do this! They are quite rolly.
However, whether I shook this up by hand (which some recipes instruct) or whether I blended it for 2 minutes straight (a la other recipes), it still separated out rather instantly. It had the consistency of ... a slimy soup. It was still exceedingly drippy. This recipe might do well in a spray bottle, to spray on you as a mist, but it really doesn't cut it for what I consider a lotion to be.
So if you spot these recipes or give them a try, be forewarned that they are VERY drippy.