Here is a description I found on the Net, which I have fixed up a little (I think it was translated from Russian or the author was a Russian speaker). I have also added a few highlighted terms for items that are needed during play):
Lost Colony is a turn-based economic strategy game that tells the story of the difficult fate of a human colony in a distant solar system. The game is based on the mechanics of the popular early 1980s game Hammurabi (the progenitor of the "construction and management simulation" video game subgenre), the essence of which boils down to the extraction and distribution of useful resources among the constantly growing population of the state/city/society.
Goal: To hold the position of Chief Economist for 15 years (i.e. 15 moves).
Management is quite simple: At the beginning it is necessary to distribute people and robots (the latter are intended only to increase productivity-- machines cannot completely replace people) across five sectors of the "economy" (Transport, Mining, Energy, Farms and Manufacturing). Then, each turn, the computer asks a series of questions: What products will be produced (Robots, Transports, Manufacturing Plants, and Consumer goods) and in what quantities, what amount of "wages" will go to the workers, and what percentage of those wages will go to taxes. Nevertheless, the player is not limited to being a mere "accountant"-- You will also be asked to explore new territories. To do this, a map of the entire colony is displayed divided into regions; just indicate the regions you wish to select with the cursor and the computer will display information on the resources located there. But it is not enough just to explore new lands-- full-fledged mining and expansion of farming of these lands requires that they be populated. Finally, at the end of the turn, a certain event can happen (or maybe not)-- as a rule they are not very pleasant, such as: epidemic, explosion, etc.
Remember, in Lost Colony you will have two "opponents"-- these are the ever-growing population and proper adjustments to the wage level required each turn. If you cannot provide people with everything they need, you will lose your post as chief economist, which will automatically lead to the end of the game.
Summarizing all of the above: this game, despite the relative simplicity of mastering it, is not suitable for only "a couple of evenings" of play. It requires a very detailed approach, preferably with a calculator. Also be prepared for the fact that Lost Colony does not have much in the way of graphics and looks more like a specialized piece of software for financial workers.
My TRS-80 MC-10 version is a port of a GW BASIC version for the PC. It's a work in progress. My progress right now is hampered by my inability to play the game very well. So if there's anyone out there willing to do some play testing, the game can be played online here:
Just select WARRENS from the Cassette menu and type RUN. I'll leave it open to be played for a while during the debugging process before removing it until I can fully determine the original author's intentions regarding distribution.
Here is a screenshot of the PC version of the game map:
Here's another Description of the game that I found online:
Lost Colony is a resource management game which takes place on another planet, site of the first human settlement off Earth. As the economic administrator of the colony, your job is to keep the population happy and occupied, and to generally run things smoothly until the next supply ship arrives from Earth - in 15 years.
Each turn tasks you with allocating resources for the upcoming year, by dividing them among the five major industries (farming, mining, energy, manufacturing and transportation). These resources include human labor, robotic machinery and the planet's raw materials; production quotas can be diverted towards various goals, consumer goods handed out to keep the populace contented (and obedient), and new areas can be explored and settled.
Along the way, you'll have to deal with such misfortunes as labor strikes, famine, industrial accidents, plagues and natural disasters. Savvy governance will ensure that the struggling colony prospers, while continued mismanagement will have you booted out of office in disgrace.
Cebion # 2020-03-05 16:04:38
Here is a PC Magazine Review: