Very good question...
Table 2 is the hedging limit period and limit in ounces.
If RRL thinks that the price of gold will fall rapidly in the near term then that is the maximum possible ounces they will hedge at the given delivery dates.
More technically they are the paper surrogates RRL has access to and Macquarie are willing to underwrite and sell onto the market at a point in time. i.e. the future ounces they can monetise now If they think the price of gold is to fall very hard in the near future.
Ann: Half Yearly Report and Accounts, page-35
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