It means "but yes my dear" in French.
my dear (masculine)
"You are my very dear beloved"
mon beau fils
Mais oui, mon ami.
"Pour mon cher ami" is a French phrase that translates to "for my dear friend" in English.
Mon Cher ami
cher, mon cher, chéri depending of the relationship with him
Mon Cher Ange
mon Cher frère
mon cher cœur
mon Cher is French for my dear.
ça VA, mon Cher ami?