Afraid not, after the Lumia Recovery software did not recognise my 1020 when it did the same thing. I spent 2 hours downloading 1.83 gigs of software before being told this. I really just want a straight answer. I get no spinning cogs, nothing, just Error Cannot find a bootalble option. I have tried the hard reset, the soft reset, nope. In fact I cant get through the hard reset procedure as it just shows the same error. I was told to flatten the battery and it would be forced to put the OS on the phone because it thinks its dead. Nope didn't work. My flagship 1020 is not supported by the recovery tool, even though it identified the phone and downloaded the right software. Brilliant!
Rant over..