I know 4064 may not be the optimal powder for 7.62x39, but I have plenty. Hodgdon has 7.62x39 125 gr SPR SP bullet load data with 28 gr (Min load) H4895 and get 2171 ft/s velocity; 29 gr (Max), 2249 ft/s. 4064 is bit slower than H4895 but not much, should have no concern of stuck bullet. Castpics.net has 308WIN IMR4064 load data for 148 gr RCBS cast bullet, shows 31 gr max charge and 1860 max velocity. No 7.62x39 listed. IMR 4064 powder volume density is 0.7450 and H4895 is 0.7280, so I should get 29.6 gr IMR4064 in 7.62x39 case while it takes 29 gr H4895 for 125 gr jacket bullet. 29.6 gr is not far from the Castpics 31 gr max load for 148 gr cast bullet for 308WIN. I want a little less powder anyway since I intend to load with 123 gr lead from Lucky13.
I would not attempt jacket bullet, cast bullet should get higher velocity in general and less concern of stuck bullet. I don't want velocity too high for cast anyway. The rifle is a 7.62x39 that I built from a Turkish large ring 98 Mauser.
Do I miss something and maybe unsafe to try? Safety and accuracy is the question, not performance. I only punch paper at 50 yds.