The local council (Denbighshire CC) will have an interest in keeping the railway in existence for its wider tourist appeal and benefit to local businesses.
But finances are very stretched round here, even without Covid.
Llangollen's other major attraction is the International Eisteddfod in July.
It was cancelled last year and is likely to be a much smaller-scale event this year with Covid restrictions, particularly on foreign travel.
It had a special grant from WG last year to see it through, but like all performance events things are highly uncertain.
I doubt the council will be a white knight for the railway, with so many other demands on funding.
It's also a Senedd election year, so no big WG decisions are going to be made until that is over.
Currently it has a Tory MP but a Labour Senedd MS.
The latter is Ken Skates, currently the WG Minister for the Economy, Infrastructure and North Wales, so likely to be in the thick of the debate.