That Hat

Skills required
This pattern is a beginner/ intermediate knitting project.

Size
Adult XS/S (M/L)
Finished Circumference: 44 cm/ 17.5 inches (48 cm/ 19 inches)

Yarn
1 skein of SULTANO FINE ROWAN (50g) – 54% Silk/ 28% Kid Mohair/ 18% Cashmere

The sample in the photo is made in colour 00305 Juniper

Needles & Notions
4.5 mm (US 7) - 16 inch circular needles
A set of 4.5 mm (US 7) double pointed needles
5 stitch markers, 1 unique (a different colour to mark the beginning of round)
Tapestry needle

Pattern Notes
Pattern is knit in the round.

PLEASE NOTE: There was a mistake in the first version of the pattern (the new/ current version is a correct version of the pattern) in the last set of decreases, the pattern should read as follows:

...(40 (40) sts left)

Repeat Rounds 1 and 2, once more. (24 (24) sts left)
Next Round (Decrease Round): Repeat Round 1 and at the same time remove all markers (except the beginning of round marker). (16 (16) sts left)
Last Round: P2tog to end of round. (8 (8) sts left)