Outbound flight cancelled but return still scheduled

Nikkig2003

I have flights booked through Ryanair to go to fuerteventura next month. I booked the outbound and return flights on seperate reservations as per your previous tips as the return flight was cheaper in euros. The outbound flight has been cancelled but not the return flight as of yet. Where do I stand in either a refund or credit for the return flight. 

bagand96

This is the downfall of booking on separate reservations.  They have no obligation to refund or change your inbound flight if it goes ahead.

That said, the chances of it going ahead are rather slim so maybe just wait for the cancellation email.