Here is an item I picked up a number of years ago in a lot of miscellaneous junk ammunition components. At first casual glance I thought it was just a bullet jacket and tossed it back in the junk box. Recently I got to looking at it a little close and it appears to me it may be some type of rocket/Gyrojet projectile.

It’s about 7.95mm in diameter and is attracted to a magnet.
The base/nozzle has what appears to be slanted holes it impart spin.
Any thoughts on it would be welcome.
Paul