Why wait if you're HuGo? I think the lack of news is a clear indication he's not getting an NHL contract. I'm sure they have already reviewed his performance, double checked with AHL staff and team scouts, and have made up their minds. Not much new information to be assessed at this point unless they're waiting on a medical report from his late season upper body injury.
There's little leverage for a prospect turning 22 in July. He would be lucky to negotiate anything other than the bare minimum ELC contract. There's no reason to wait until the last minute from MTL's side. I think his best chance now is to entertain an AHL contract or look elsewhere.