Strange... It can't find realpath. Seems to be a MinGW issue according to google. I've developed the whole on Android w/ C4droid, and I'm not too experienced with MinGW, but I'll see about finding a fix!
Went to the page, selected Download Zip, downloaded the file, extracted it and ran 'make && ./' and got:
cc -o arc *.c
read.c: In function 'load_file':
read.c:308:47: warning: initialization makes pointer from integer without a cast [enabled by default]
C:\Users\Steve\AppData\Local\Temp\cctkjQZb.o:read.c:(.text+0xeb4): undefined reference to `_realpath'
collect2.exe: error: ld returned 1 exit status
make: *** [all] Error 1