Hi Dave, Mick,
green/yellow is the common return for all 3 coils
NO! Absolutely not!
your bike's existing stator has six coils
the six coils are connected together internally in three series pairs
. Externally:-
.. the Light Green wire is connected to one end of all three pairs;
.. the Green/Yellow wire wire is connected to the other end of two of the three pairs;
.. the Dark Green wire is connected to the other end of the third pair.
With respect, all the way back at post #4, I advised:-
stop there simply joining wires, no fuses (another thing wrong with a '59 loom, any pre-'66 Britbike loom), you risk damage with a short-circuit
... your bike hasn't got a wiring loom worth a light, how have you connected battery to coil? Why have you suddenly connected the battery to the coil?
i will give up on it this is beyond me & my knowledge
Mmmm ... so why don't you ask questions
before you do stuff? Then you'll have the correct answers (usually

), should make fewer mistakes, more progress.
New reg/rec wire colours are 2 yellows
So why not buy the one I suggested?

...
... has three Yellow wires ... one for each stator wire ...
Reg./rec. with only two Yellow (AC) wires is A Bad Idea ime - if/when you upgrade the alternator, you're stuck with a single-phase (two wires) stator. Otoh, select a reg./rec. with three Yellow wires (3-phase) if/when you upgrade the alternator, you can choose single or 3-phase stator.
Also, the 3-phase I linked for you is cheaper than the single-phase you bought ...
instructions state if you have a 3 wire stator it can be converted to 12 volt by
Instructions were written by someone with great knowledge - of perhaps cookery or gardening? - bugger-all of electrics, is complete cobblers.

As I've posted for your already, 12V (or the old 6V) is
simply the nominal Volts of the regulated DC, nothing whatsoever to do with the AC from any alternator (if you'd bought a 6V reg./rec. and connected the same stator to that, the
DC would be 6V).
Imho, return that particular reg./rec., buy a 3-phase reg./rec.
take it the red from reg goes to battery as well then earths from there ?
Sort-of:-
. "earth" is
to the battery, not "from", it's the battery terminal connected to the structure of the vehicle (frame and engine on a motorcycle) that determines that vehicle's "earth".
. Reg./rec. Red wire is connected to battery
positive terminal specifically; the other reg./rec. DC wire is connected to the battery negative terminal.
. Harness Red wires are also to battery
positive specifically.
Hth.
Regards,