"Do you know what a Palmist once said to me? She said: will you let go!"

In this quote, Vivian Stanshall is reflecting on a discussion he had with a Palmist. A Palmist is somebody who reads palms to predict the future or gain insight into an individual's character. The Palmist asks Stanshall a question, "will you release?" This concern could have numerous significances. It might be asking if Stanshall wants to let go of something in his life that is holding him back or causing him pain. It might also be a tip to not keep things too securely and to let go of control. In general, the quote suggests the importance of releasing and moving on from things that no longer serve us.