Compilation error - Githubissues

Hello, I am trying compile source files using c_all.bat with make debug mode, but I have this error

======== Compiling group Pico ========

======== Compiling Base ========

======== Compiling Led ========
Device: pico
GNU Make 4.2.1_st_20190816-0744_longpath
Built for x86_64-w64-mingw32
Copyright (C) 1988-2016 Free Software Foundation, Inc.
License GPLv3+: GNU GPL version 3 or later <http://gnu.org/licenses/gpl.html>
This is free software: you are free to change and redistribute it.
There is NO WARRANTY, to the extent permitted by law.
Reading makefiles...
Updating makefiles....
Updating goal targets....
 File 'all' does not exist.
   File 'createdirs' does not exist.
  Must remake target 'createdirs'.
  Successfully remade target file 'createdirs'.
   File 'elf' does not exist.
     File 'build/Led.elf' does not exist.
       File 'build/boot2_w25q080_bin.o' does not exist.
      Must remake target 'build/boot2_w25q080_bin.o'.
    ASM          ../../../_boot2/boot2_w25q080_bin.S
make (e=3): Systém nemůže nalézt uvedenou cestu. (File not found)
make: *** [../../../Makefile.inc:340: build/boot2_w25q080_bin.o] Error 3

But file boot2_w25q080_bin.S exist on correct location. Also I have ARM binaries at C:\ARM10

Panda381 / PicoLibSDK

Compilation error #1