You´re right. Watching it again it seems that it´s about Bond infiltrating a gathering and then being singled out and, well, taken out. Maybe it´s just sleep-inducing, with Bond being captured.
Or it has to do with Safin´s particular plans. He is talking about staying strong after his death - whatever that will entail. Also, Satin is talking about Bond as like looking into a mirror. His spiel might be about DNA cloning, and maybe he wants to “play God” by taking his DNA and Bond´s DNA, splicing it into one?
Hmm, too much DAD?
Adding to this: I do seem to detect people at this gathering not only taking steps back from Bond but also falling to the floor.
And Satin does say: “your skills die with your body, mine will live on”. So he is trying to overcome death in a particular way.