I personally haven’t used it but I think what you mean has been used on the Great Flat Lode Trail by Carnkie in Cornwall. My contact was at the Mineral Tramways Project at Cornwall County Council.
It looks ok for the purpose – an multi user trail round former mining district, if a little soggy in places where compaction varied but that’s more to do with the installation than the material.
Good luck! long view and close up of edge treatment pics attached (it was a particularly gloomy day, the sun does shine occasionally here!)