Miscommunication...?

I been talking to this guy for about 6 months now....(talking in this generous is like dating; getting to know each other) he’s invited me to his house I’ve recently stayed over a few times. This would be the second time we went out to eat together (he paid both times). He’s going for his bachelor degree, and tell me not right now, the timing isn’t the best while he’s in school. Okay, that’s fine i can understand that. Even though he’s made it clear we aren’t dating but we also aren’t just seeing each other either. My thing is he still says things like “thank you for being the best friend I’ve made in the last 6 months”. I’m not trying to rush anything but if it’s not going anywhere i don’t want throw other opportunities away for nothing...

Am i wasting my time with this one? Or should i just sit back and see where it goes?