I did forget to mention that in the TDS the list of suggested applications for the carbon paste specifically stated battery terminal and bus bar suggested applications.In the examples from the manufacturer it is all contacts that are sliding over each other so we can't safely assume a press connection would work well with the product.
"Use 847 when you want a non-bleeding paste that provides great electrical contact and environmental protection. It is excellent for use on ground connections, battery terminals, bus bars, single pole jacks, slide connectors, HVAC connections, speaker posts, and fluorescent light pins."