I think I remember reading (it might have been in the recent Ferry Q & A in Uncut) that the first 2 albums were being remastered and worked on, so what chance them both being reissued at once? Certainly Queen's recent re-release deal with Universal saw batches of albums re-issued at a time.
Although we've been led to believe that the Roxy re-releases might involve boxed sets with memorabilia (and hopefully live stuff, maybe outtakes?) unlike the Queen ones which were just the original album plus a meagre second disc of re-mixes and the occasional live version. If we're talking boxed sets then we're talking serious ££££s (or $$$$s) and I'm sure the lads know that we don't have endless funds