Prince Of Caviar has been beaten for a second time in as many starts but he hasn't let those down that know him best.
“I thought he was really good,” Hawkes said.
“He' still very green and didn't know how to flatten out, but I was more than happy with him.
“Sure we all wanted him to win but we're not throwing the toys out of the cot.”
Hawkes said the stable would assess how the three-year-old recovers from Wednesday's outing before deciding his next assignment and over what distance.
“I have to train him, I can't train his pedigree,” Hawkes said.
Nolen said Prince Of Caviar enjoyed a good run through the race and was presented to win in the straight.
He said he allowed Prince Of Caviar to balance running down the dip early in straight describing the Sandown run home as daunting.
And Nolen still believes Prince Of Caviar will one day pick up black type.
“I always thought he'd make a nice three-year-old come the autumn and he's tracking that way,” Nolen said.
“He's got to improve to get to the levels we hope he can get to but I think when the penny drops you'll see a better horse.
“He's got some physical and some mental improvement still to come and when he irons these things out he'll become a progressive horse.”