Thanks to both or you, Old Smokey and Coxy,
Your observations I believe are correct, and are reviving my bits and pieces of memory on how it all hooks up.
Black wire from the negative battery terminal goes to frame at the rear regulator bolt, and the black/white wire from the dynamo goes to the negative battery terminal.
Coxy I hope you are able to take pictures as you disassemble, that is by far the best way to make sure it goes back together again the right way. The pictures you sent have been very helpful for me to get my cables and wires routed as I get mine reassembled.