LLANGOLLEN Railway could re-open as early as July or August, despite previous fears over its future.
That is thanks to an online auction of the Public Limited Company's (PLC) assets on May 12.
On March 1, the railway's PLC went into receivership with debts of around £350,000 and there were concerns for its future.
The separate Llangollen Railway Trust, which remains completely solvent, has been battling to raise enough money to buy as many of the assets as possible and get the railway back on track.
Members say the bidding at the recent auction was 'fast and furious' and that prices were paid 'substantially in excess' of their expectations.