Thanks for all the suggestions,
The solution was to weld another bolt into the head of the stud.
It was relatively easy to remove, thanks to a weeks worth of penetrating oil as well.
I'm sure all the other suggestion could have worked if the forks and radiator weren't in the way.
Downpipes are off and are being repaired at a local welders.
Hopefully the bike will be on the road again by the end of the week.