Ann: Borba Operations Update and Prospective Resource, page-84

It may be less or it may be more. Borba is a multiple TCF play and Borba 1-7 is the play opening well. If it was a certainty then the SP would already be multiple dollars.
Your comment that even if they find gas they will need to drill more wells in order to get at it is completely misleading. Borba 1-7 can be a producer with the company stating 80% chance if gas encountered. SGC directors are not lifestyle directors milking high salaries whilst they throw darts. As always there is risk however the potential rewards in all exploration is what attracts investors (and pip traders) and GJ would appear to be very positive about the near term future.
Still need a bit of luck as always but worth the punt imo.