Sako still has the tooling stored away, according to a factory representative. It doesn't cost much to store it, and they're very expensive so it doesn't make sense to get rid of them. In a crisis situation production for supplying the army could be easily set up.
Setting up production for the Sako M92 would take, according to the company rep, a couple of days. The reason they don't produce them anymore is that they make more money producing hunting rifles that have more demand than they can supply, so they don't want to sacrifice capacity for something of marginal interest. That's all from the horses mouth, take it for what it's worth.
But the tooling is there. If the hunting rifle market ever recesses and they have capacity to spare, I can see a small production run of the Sako M92 as a possibility. If the price was right, they would sell like hot cakes for a while.