Somewhat belatedly, I have come into possession o f GOV/INF/2010/5, which contains Iran’s answer to the proposal to swap its stockpile of low enriched uranium for fuel assemblies for the Tehran Research Reactor.
Here is the key graf:
…the Islamic Republic of Iran is still seeking to purchase the required fuel in cash. However, if the Agency is not able to fulfill its duty under Article 3, then Iran is ready to exchange the TRR required fuel assemblies with the LEU material produced at Natanz, simultaneously in one package or several packages in the territory of the Islamic Republic of Iran.
Thanks to those of you who sent it along.