For reproducibility purposes (and license compliance), the issue provides a link to the source, followed by instructions on how to build that source and turn it into a zip file. That zip file is then attached there. To install the zip file, use the instructions at the top of the page:
mkdir -p /root/Bela/projects/pd-externals
cd /root/Bela/projects/pd-externals && unzip /root/Bela/projects/PROJECT_NAME/ZIP_FILE.zip && rm /root/Bela/projects/PROJECT_NAME/ZIP_FILE.zip
You only need the build instructions if you want to rebuild it (e.g.: for using a newer or modified version of the external), but not for using the zip archive that is attached.
In your case, from what I can see from the list of files that were uncompressed, the zip archive is not the one I provided, rather it's a zip of the source code. You'd need to cd pd-cyclone-cyclone0.3.rc1 for the make command to be successful. There where you are, you are in the parent folder.