If your lube is still lubey, I can't see what harm it can do!?
Just don't do what I did. I once did a long kayak trip, which involved dragging my kayak on a trolley for three miles to cross between two rivers.
Being a good boy, I took some of the obstetric lube with me, to oil my axle (NB, I am still talking literally here, not figuratively

). Unfortunately the lube dried out half way through the portage and started to cook, turning it into a sort of jellied mess which then gummed up my wheels no end.
However, as long as you don't do that, I reckon you'll be ok

.