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Short answer? Yes, maybe, and no.
Longer answer is it depends. How much heat you are pumping into it, for how long, in what sort of conditions, etc...
It won't be good at getting rid of heat (relatively speaking low surface area, and its thick) but it will soak some up for a while. That while could be enough, or it could be lots too little...
How much heat are you planning on making?
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