The speaker suggests that if the fantastical elements of their imagination, such as the sun, sky, stars, and Aslan, are merely creations, they might still hold more value than reality itself. This implies that the beauty and wonder of their dreams surpass the bleakness of the real world. It challenges the notion of what is truly 'real' and emphasizes the potential of imagination to create something far more enriching.

Furthermore, the speaker expresses a strong discontent with the current state of their world, describing it as a "black pit" and suggesting that if this is the pinnacle of existence, it reflects poorly on reality. They assert that the power of their creativity and dreams could construct a world that is far superior to the dreary one they currently inhabit, highlighting the importance of hope and imagination in overcoming despair.