Hi All,
Finally put it all together. I answered my own question when I found the felt ring will only fit in the adjuster end. I did, however notice that a filter from a cigarette has almost the same diameter and length as the felt , so I sliced one length wise, added some WD 40 and put it in at the lever end. I also managed to get the nacelle to seat all the way. As the cable is new did not need much adjustment to get the correct length at the other end so the cable does not make much of an angle to get under the nacelle/impact pad. Makes a noticeable difference having the correct clutch adjustment when shifting. Many thanks to all who replied and gave advice!
FWIW