It means "but yes my dear" in French.
my dear (masculine)
In Cajun French, you can say "cher(e)" or "mon cher" to mean sweetheart.
"You are my very dear beloved"
mon beau fils
"Pour mon cher ami" is a French phrase that translates to "for my dear friend" in English.
Mon Cher ami
Mais oui, mon 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.