He severed a tendon in a leg - an injury that could end a horse's career - in a handicap hurdle at Aintree but was rescued by stem cell surgery.
Dream Alliance completed a remarkable comeback by winning the Welsh National after 18 months recovering from his horrific injury.
Now Davies and his syndicate of bailiffs, tax consultants, garage owners and barmaids is targeting the Grand National for their amazing horse.
"We've spoken to the trainer and he says the horse is fine," he said.
"He ate all of his tea after the race and is walking around the stable like he owns the place.
"So the next step is the Grand National and that is now the aim."
Weights for the National will be announced in February, giving an indication of which horses are likely to make the field, for which there is a 40-runner limit, and what their likely burdens will be in the demanding four-and-a-half mile contest.
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