The strategy that both allows Germany to continue the war and keeps Britain maintaining the naval advantage over Germany, cutting off Germany's logistical supply lines, is already considered a perfect victory.
As the monarch of Australasia, Arthur is concerned about when the war will end and what Australasia can gain.
Regarding the casualties of the British in the naval war, it's not important to Arthur, and he believes the British Empire can fully endure.
Anyway, every participating country's casualties are not less than hundreds of thousands, and even Australasia's casualties have already reached hundreds of thousands.
Regardless of whether this naval battle can change Germany's current disadvantage, the German government's propaganda has clearly restored some morale within the country and the military, and the anti-war wave is not as intense.