Clan Des Obeaux
Nicholls said: "We knew he was good, Chepstow was only his fourth run over obstacles. He's improved enormously and he's really something to look forward to.
"We'll mind him, I've no big targets but one day he could be very smart."
Sky Bet agreed, introducing the four-year-old at 16/1 for the RSA Chase and cutting him to 12/1 from 25s for the JLT Novices' Chase.
Paul Nicholls on Clan Des Obeaux "He has got a big future. He jumps brilliantly. He takes your breath away jumping and if you have got a horse that jumps a fence like that they are going to go places. Sean just said that is the best horse he has ever sat on."
Paul Nicholls on Clan Des Obeaux
The champion trainer nominated the Dipper Novices' Chase at Cheltenham on New Year's Day as a possible destination for his charge.
He said: "He jumped and galloped and this track suits him. Judging by that, he has got a big future. He won well here over hurdles last season.
"At the end of the day he is only four and we've got to be careful to look after him as this is not his season - he will be better at five and six.
"He wants two and a half miles and possibly further. He jumps brilliantly. He takes your breath away jumping and if you have got a horse that jumps a fence like that they are going to go places.
"Sean (Bowen, jockey) just said that is the best horse he has ever sat on. I might look at the Dipper as that might suit him."
Bowen said: "I haven't ridden for long, but in the time I've been riding I've never had a novice jump and travel around there like that.
"As soon as I gave him a kick two out, he's just sprinted and I nearly had to take a pull because we had another jump to go.
"He's a very nice horse and very exciting. Paul has always liked him and always thought he's definitely one for the future.
"I was very impressed."