OK, yes, it works but only after compiling ~/src/base/fresnelbase.lpk
As a general note (true for any download), if you download anything that has lpk (package) files. Open each such package once in the IDE (you can drag and drop).
After that the IDE knows the package. I.e. if it sees it required by name, it knows where to find it.
On top of that, of course if any of the packages is design time (e.g. components that should be visible in the form designer) then you need to install it into the IDE. Otherwise the IDE will handle all, once it knows it (the IDE will compile if needed, including dependencies, but you must have had each dependency open, so the IDE knows the location).