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Hi , I already have a post on the answer hub for , did you not see the link I posted? 
Or do you really want me to create another post which is more specified to the 4.6.1 to 4.7 problem?
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The link in your previous post relates to another (the project not opening in 4.6.1). Opening a new post specifically for the 4.6.1 to 4.7 conversion will help us track each problem separately and make it easier to search for if someone else has the same problem in the future.