So as Clare is popping to Smart Marine today, here's the instructions I found off the internet when researching stuck axle bolts, which worked for me.
Apply liberally to the bolt (both sides if possible) and smack with drift and hammer a couple of times afterwards, on both sides. This is to try and get the fluid into the bolt surface where it's stuck, so don't worry if it's not moving at first, it should free up over time. Do this twice a day, morning then again in the evening.
Repeat this process over 5 or so days, but don't try and remove the bolt until it's moving reasonably easily, the idea is to get as much of the fluid into the bolt to bearing surface as possible by moving the bolt backwards and forwards. It should become easier each day, but you ideally want to be able to start to move the bolt backwards and forwards a few mm, with a quick squirt before moving it in each direction. Once you're able to move it a cm or so each way, without too much force with the hammer, it should be ready to come out.
It's a slow process, but this gives the fluid time to do it's thing and reduces the risk of damage.
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