In a small saucepan, sprinkle gelatine over water and let soften for several
minutes. Place over low heat and cook, stirring occasionally, until gelatine
dissolves, 1 to 2 minutes. Remove from heat and set aside.
In a medium saucepan, combine condensed milk and cream. Heat until quite
warm ( about 110 degrees F.) for 2 to 3 minutes.
Stir in the gelatine mixture.
Remove from heat and stir in vodka, vanilla extract and orange extract.
Pour into a sterilized bottle and refrigerate for 1 to 2 days before using.
Shake well before serving in liqueur or cordial glasses.
This mixture will keep in the refrigerator for a month or longer.
This liqueur gets thick. Use wide mouth jars or bottles so that it can
be spooned out if necessary.