Headroom & Cash Flow, page-52

For those who did not realise the above was a metaphor for SGH.

SGH pays staff it incurred a number of cash outflows in the first half, a lot of its cases (gold) did not settle in the first half but are available for settlment in the second half.

In the second half SGH will continue to pay its employees and settle cases (gold). Hence there will be 2,100 ounces in the second half, not 0 as Alex would have you believe.