From
The Agonist today:
Over at Nuclear Diner, veteran Los Alamos nuclear engineer Susan Voss analyzes the amount of 20% enriched uranium Iran has made to date and concludes "The 98 kgs is more than needed for one core for TRR but a reasonable amount if the Iranians are planning on producing a batch of fuel for the TRR rather than producing it every 5-6 years when it is needed." It's exactly on par with the batch of three full fuel cores Argentina supplied Iran in 1992 which is estimated to run out this year.
So, it's probable that all the talk about this material being for bomb production is just warmongering hype.
Bonus: Gareth Porter talks to former top Iranian nuclear negotiator Seyed Hossein Mousavian, who tells Porter that France and Germany were prepared in spring 2005 to negotiate on an Iranian proposal to convert all of its enriched uranium to fuel rods, making it impossible to use it for nuclear weapons, but Britain vetoed the deal at the insistence of the United States.
That last bit seems pretty important. I wonder why The US would want to make it nearly impossible for the French and the Germans to prevent the Iranians from getting the bomb(?) Hmmm.