I wonder why then they didn't do a first installment of HMs - if they already have an idea of where people will fall. People definitely at the bottom - the bottom 1,000, let's say - would definitely get HMs in this scenario. In this 'ranked situation', then only 1000 are truly in limbo.
Using this logic - I don't think they have a rank order of people. Which I think gives more of us hope. I don't have any info. I just have a feeling there will be more than 50, or even 100, awards. If the number were truly that small, they could have easily done a first batch of HMs.