Hinkley and Power president David Koch have been adamant all year they would not move on contract talks until August.
That time has now come with Hinkley in a strong position to extend his tenure beyond this season - his 11th at the helm - despite a three-match losing streak.
The Power (14-5) sit second on the ladder with four home-and-away rounds left to play and are right in the premiership mix.
"We haven't got any news," Hinkley told reporters on Thursday.
"The club and myself will have those discussions and move in a direction whichever way they take us.
"From my personal point of view, all I know is I'd love to remain at Port Adelaide.
"That's my optimistic view ... but those things will be discussed throughout August."
Hinkley was steadfast when pressed on whether there is a verbal agreement - reportedly over a new three-year deal - already in place between the parties.
"You'll be surprised to know that not all those rumours are true," he said.
As the contract situation plays out behind the scenes, Hinkley faces a fight to end Port's losing skid before the finals.
The Power take on Geelong at GMHBA Stadium on Saturday night, with the ninth-placed Cats desperate to stay in finals contention as their premiership defence teeters.
"We are feeling the pressure because we need to play well but not because our season is in any way, shape or form in jeopardy," Hinkley said.
"It's about us needing to get back to our best.
"Our last game, in the Showdown (against Adelaide), we were beaten really badly and we were really disappointed with that performance.
"It's not something we liked or enjoyed ... but the week before that we played a super game of football.
"We're not that far away from that type of form, I don't think."
Hinkley confirmed captain Tom Jonas will return to the Power line-up, with fellow key defender Aliir Aliir and Lachie Jones in concussion protocols after their head clash.
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