LuaJIT on Cygwin

[Krunal Rao <krunal.rao78@...>]

I am not being able to build LuaJIT under Cygwin (fresh install of
latest version, added gcc4 and make packages).
OS is Windows7 (64 bit).

I get the following error on the make step:

$ make
==== Building LuaJIT 2.0.0-beta6 ====
make -C src
make[1]: Entering directory
`/cygdrive/c/Users/<XXX>/prj/C++/cygw/LuaJITHead/src'
DYNASM    buildvm_x64.h
make[1]: lua: Command not found
make[1]: *** [buildvm_x64.h] Error 127
make[1]: Leaving directory `/cygdrive/c/Users/<XXX>/prj/C++/cygw/LuaJITHead/src'
make: *** [default] Error 2

If I try make clean I get an error about command "del" not found (and
it also try to delete dll files).
Do I need to have lua pre-installed or it's failing to notice the
Cygwing target or something similar?

Anyone with similar issues?
Any help is welcome and appreciated.

Thank you