The glue should be wet, it will seal and stick. Just follow the instructions on the bottle as far as dilution, etc. The fiberglass mesh will bring your wall finish up to earthquake code - thats its main purpose.
As far as tips. The lime will give a beautiful finish, it fell out of favour with decorators for two reasons. Firstly, it needs up to year to fully cure and gain its full strength. Secondly, related to the first, it will show smudges, handprints, dust etc. Eventually, someone wants to paint it, and if they use latex or oil - thats the end of that lime wall. So the ancients, especially in dusty areas like Italy, etc., used to make the walls glossy and smooth with beeswax - they kept their beauty, but could still be wiped down, refreshed. These are the walls which look like slabs of highly polished stone.
Or the other way, is to lime wash every year to make all smell nice, kill all viruses and molds, clear the mental and physical palette. Lime wash is unique in that it doesn't suddenly fail like paint, it gradually wears away gracefully. I love the old lime walls of Mexico - sadly - disappearing rapidly.