PAUL FARROW (Woodford) says: August 18, 2015 at 9:19 pm Hi John,
Many thanks for your comment and we’d like to reassure you that we do follow a thorough due diligence process for all our investments, irrespective of their size or the fund they are invested in. With regard to Industrial Heat, we were, and have been, very aware of the scepticism about this technology. We have undertaken a rigorous due diligence process that has taken two and half years. The company is currently working with numerous scientists and is acquiring both the technology and teams required to maximise the potential of this, and other, new energy technologies.
