Two LEDs controlled with potentiometer. One to blink fast/ other slow

Thanks Heaps. That has kinda helped.

That's got it kind of right. The issue is both loops are running one after another instead of simultaneously. I want one to constantly blink fast and the other to constantly blink slow, the when i turn the potentiometer the fast one slows down whilst the slow one speeds up. Is there any way to run them simultaneously?

Thanks again.