Thanks for the reply, Don.
When I thinned it, it was roughly 60/40 (varnish/thinner), which I soon realized was way too thin. I think it's meant to be sprayed straight from the bottle though.
I've been experimenting with it several tries and sometimes I thin something to get it finally spraying, while actually there's a different reason the paint isn't flowing and I've thinned it way too much.
I can't tell which pressure it's at. I have a rather cheap Revell airbrush starter kit. It has a little blue compressor with 3 settings (High, Medium, Low).
I've only been airbrushing for 2 months now (max 1 hour per week), so much yet to learn about pressure and thinning. I know enough already to realize that just about every brand, colour, primer or varnish will have it's own "sweet spot".
I will try the varnish again at lower pressure.