looking at the report there are a few interesting items tucked...

looking at the report there are a few interesting items tucked away which could have a solid bearing "down the track"
The Cert training in Hong Kong is just a toe in the door for connections within the rail network and possible further options.
Another item mentioned on page 28-"Through the Group’s three business streams: Power and Propulsion, Rail, and Workforce Solutions, the Engenco businesses provide high-quality transportation products and solutions for customers in the defense, resources, marine, power generation, rail, heavy industrial, mining and infrastructure industries."
This area is interesting with Australia investing heavily in defense, not only with the submarine projects but partnering with American and a Scandinavian defense companies to manufacture in Australia. Dale Elphinstone through his company Dale Elphinstone Pty Ltd has some contracts to manufacture component parts for military vehicles in partnership with a South Korean company.
Then we see that Hedemora are trial fitting turbo charges to locomotives in USA with a huge potential for ongoing works there.
There has been substantial capex on new and upgrades to facilities around Australia recently and this will start producing revenue in the next year.