Terry, I think he's using ~4 volts, not 12, but that LED driver chip looks cool for a headlight circuit. 
I've used 555s, 741s or just a couple of 3904s to make astable multivibrators (oscillators) to drive LEDs. If you drive the LEDs at a medium frequency, one that's not visible to the naked eye, instead supplying a constant current and voltage that will reduce the duty cycle. With a reduced duty cycle you have slightly less heat with the same apparent output and/or you can raise the voltage a bit to get a brighter-looking output without blowing up the LEDs.
This is a fun little project you've got here!
Regards,
Scott

I've used 555s, 741s or just a couple of 3904s to make astable multivibrators (oscillators) to drive LEDs. If you drive the LEDs at a medium frequency, one that's not visible to the naked eye, instead supplying a constant current and voltage that will reduce the duty cycle. With a reduced duty cycle you have slightly less heat with the same apparent output and/or you can raise the voltage a bit to get a brighter-looking output without blowing up the LEDs.
This is a fun little project you've got here!
Regards,
Scott
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