it means the lube for the threads that makes the twisting of focus smooth has leaked. What will happen at some time is it will make the blades stick, at worse, when you twist the aperture ring, the blades wont adjust.
you will have to twist it extremly and back to 'jerk' the blades loose.
Oil on the iris blades means they are sticky and slow to close and open on a photo camera while taking pictures.
If you plan to use the lens on a 35mm adapter, no problem (as long as they still adjust the iris)