Trying to use an installed parrot to compile rakudo

(kadath)(~/git/rakudo master )$ make realclean
perl5.10 -MExtUtils::Command -e rm_f perl6.pbc perl6.c *.manifest *.pdb perl6.o perl6 perl6_s1.pbc Test.pir dynext/*.bundle src/gen_*.pir src/gen_*.pm src/pmc/*.h src/pmc/*.c src/pmc/*.dump src/pmc/*.o src/pmc/*.bundle src/pmc/*.exp src/pmc/*.ilk src/pmc/*.manifest src/pmc/*.pdb src/pmc/*.lib src/pmc/objectref.pmc src/ops/*.h src/ops/*.c src/ops/*.o src/ops/*.bundle 
perl5.10 -MExtUtils::Command -e rm_f Makefile
(kadath)(~/git/rakudo master )$ perl Configure.pl --parrot-config=/usr/local/bin/parrot_config

Reading configuration information from /usr/local/bin/parrot_config ...

Creating Makefile ...
Cleaning up ...

You can now use 'gmake' to build Rakudo Perl.
After that, you can use 'gmake test' to run some local tests,
or 'gmake spectest' to check out (via svn) a copy of the Perl 6
official test suite and run its tests.

(kadath)(~/git/rakudo master )$ gmake
/usr/local/bin/parrot  /usr/local/lib/parrot/1.4.0-devel/library/PGE/Perl6Grammar.pbc \
	    --output=src/gen_grammar.pir --encoding=utf8 \
	    src/parser/grammar.pg src/parser/grammar-oper.pg
"load_bytecode" couldn't find file 'PCT/HLLCompiler.pbc'
current instr.: 'parrot;PGE;Perl6Grammar;Compiler;__onload' pc 30 (runtime/parrot/library/PGE/Perl6Grammar.pir:78)
called from Sub 'parrot;PGE;Perl6Grammar;Compiler;main' pc -1 ((unknown file):-1)
gmake: *** [src/gen_grammar.pir] Error 1