Bruh, note that the 4800 are not the EOIs but the nominations they have given so far successfully to candidates.
So after the 4.8K successful nominations, they have completed a Tech draw (1200 numbers), a Non-tech draw (700 numbers) and they have recently accepted up to 1300 registrations of 'Job Offer: International Student Stream'
So technically, I guess they have already exceeded their target. The only hope I have is for next year to see a tech draw
But yes, NOIs wise, this year is a lot lower (4890) compared to last year (6800). But the problem is last year, not everyone was accepting the OINP NOI, as the federal draw's cut-off itself was lesser. But this year, almost everyone is accepting the NOIs sent by OINP thanks to the uncertainty and lack of Federal draws to outlanders.
We gotta wait and watch. If it is not happening by September, it is not gonna happen for this year.