1 - typical bottle of salt free peanuts.
1/4 to 1/3 - cup good extra virgin olive oil
Some people used hot chicken broth instead.
Optional pan dry the peanuts in a cast iron pan for 10 or so minutes.
In a medium sized food processor add the peanuts and the olive oil.
Grind till pulverized.
Refrigerate. Use within a week (if it lasts that long.)