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Yep- they are properly stuck indeed. Should have some oil arriving in the next couple of days.
Thanks for the Linseed oil tip- I wasn't planning on powdercoating it, I'm keen for it to be a cheap build....
Assuming the frame is sound it should be a fun bike at the end...
Shame there isn't clearance in the frame for 650b wheels really, would have been awesome
F@ck, they do look properly rusted stuck. I'd suggest the usual, i.e. penetrating oil and wiggle bolts and post a bit every day or two. Should be able to work the brakebolts loose. If still stuck, move on to blowtorch and vice for seatpost and lastly the caustic soda treatment (google/youtube, dangerous but effective). Unless you're planning a respray/powdercoat I'd suggest treating all the rust spots with linseed oil, as well as the inside of the frame. Poke around with a screwdriver or knife to see it's not rusted through anywhere.
Great rat project!