[Mono-list] How to compile .NET Portable subset?

[Sergey Khabibullin]

A project has the "<Import
Project="$(MSBuildExtensionsPath32)\Microsoft\Portable\$(TargetFrameworkVersion)\Microsoft.Portable.CSharp.targets"
/>" line in it's dependencies?

MonoDevelop highlights the dependecy as missing. How do I compile the
project?
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