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Hi, If the notice was revoked due to you nofollowing the bad outbound links, this means that a penalty has been lifted. However, there could be other issues affecting the site that have caused its drop - ranking 8th is not an indication of a penalty - penalised websites tend to rank a lot worse than this. The inbound links Marie has cited could be part of the problem, even though you have not received a warning about them. If they are no longer helping (but were helping back when Google's standards were a little lower), then it's feasible Google has raised the rankings of other websites over yours, even though their Moz metrics have not yet caught up.