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Last Sunday, the head of Israel's military intelligence reported that Iran has mastered the nuclear fuel cycle and can rapidly move from low-grade uranium enrichment to weapons-grade uranium enrichment.
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At the same IAEA Board of Governors meeting this week, the agency reported that Iran has produced more than a thousand kilograms of low enriched uranium - enough to build a bomb after further enrichment.
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Iran announced that it had managed to produce low-enriched uranium from its first 164-machine cascade of centrifuges at its pilot enrichment plant at Natanz.
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To add to their suspicions, some traces of low-enriched uranium found in Iran have yet to be explained, and may indicate more enrichment work than has been owned up to.
ECONOMIST: Filling in the gaps in Iran's nuclear story
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Iran would find it much harder to get foreign uranium for its enrichment machines, which Mr Ahmadinejad claims he set spinning merely to produce under 5% low-enriched uranium for nuclear-power reactors (though Iran has none that can use it), while others suspect it may eventually be used to make the 90%-enriched stuff needed for a bomb.
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