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Denman's part-owner Harry Findlay had expressed a few doubts last week as to whether his pride and joy stands much of a Gold Cup chance, but the latest schooling session has left him feeling much happier about Denman's chances.
"He worked well on Saturday morning on the all-weather gallop but this morning was much more important as the plan was always to school him over the outdoor fences," said Findlay.
"I think lethargy as much as anything has been the problem with Denman, certainly with those first couple of fences at Kempton, so today was very important.
"I'm not sure there is any value in his price even now, but someone said on Thursday, it's always good when a champion gets the chance to retain his crown and that now looks like being the case."
You can back Denman, the third favourite for the Gold Cup, at odds of 7/1 from William Hill and Ladbrokes.
The favourite for the Gold Cup remains Kauto Star at 15/8 from William Hill.